HB543 Alabama 2026 Session

Signed by Governor

Bill Summary

Sponsors

Session

2025 Regular Session

Title

Taxation, to increase the market value threshold amount for which tangible personal property is exempt from state ad valorem taxation

Description

Taxation, to increase the market value threshold amount for which tangible personal property is exempt from state ad valorem taxation.

Subjects

Taxation & Revenue

Action Date	Chamber	Action
May 13, 2025	H	Enacted
May 13, 2025	H	Enacted
May 6, 2025	S	Signature Requested
May 6, 2025	H	Enrolled
May 6, 2025	H	Ready to Enroll
May 6, 2025	S	Motion to Read a Third Time and Pass - Adopted Roll Call 1004
May 5, 2025	S	Read for the Second Time and placed on the Calendar
May 5, 2025	S	Reported Out of Committee Second House
April 30, 2025	S	Pending Senate Finance and Taxation General Fund
April 30, 2025	S	Read for the first time and referred to the Senate Committee on Finance and Taxation General Fund
April 28, 2025	H	Motion to Read a Third Time and Pass - Adopted Roll Call 1059
April 28, 2025	H	Third Reading in House of Origin
April 16, 2025	H	Read for the Second Time and placed on the Calendar
April 15, 2025	H	Reported Out of Committee House of Origin
April 7, 2025	H	Pending House Ways and Means General Fund
April 7, 2025	H	Read for the first time and referred to the House Committee on Ways and Means General Fund

Type	Date	Location	Description
Hearing	May 5, 2025	Finance and Taxation at 10:45:00	Senate Finance and Taxation General Fund Hearing
Hearing	April 15, 2025	Room 617 at 13:30:00	House Ways and Means General Fund Hearing

Type	Link
Bill Text	HB543 Alabama 2026 Session - Introduced
Bill Text	HB543 Alabama 2026 Session - Enrolled
Fiscal Note	Fiscal Note - Introduced
Fiscal Note	Fiscal Note - Passed First Chamber