Hearing
Senate Finance and Taxation General Fund Hearing
Finance and Taxation at 10:00:00
SB300 Alabama 2025 Session
Updated Jan 14, 2026
SB300 Alabama 2025 Session
Senate Bill
Expired
Current Status
2025 Regular Session
Session
1
Sponsor
Summary
- Primary Sponsor
-
David Sessions SenatorRepublican - Session
- 2025 Regular Session
- Title
- To amend 40-9-1; increasing the market value threshold amount for which tangible personal property is exempt from state ad valorem taxation
- Description
Under existing law certain tangible personal property, up to a certain market value, is exempt from payment of the state levied ad valorem tax.
This bill would increase the threshold amount of the market value of tangible personal property that can be exempt from the state levied ad valorem tax.
This bill would also make nonsubstantive, technical revisions to update the existing code language to current style.
- Subjects
- Taxation & Revenue
Bill Actions
S
Currently Indefinitely Postponed
S
Read for the Second Time and placed on the Calendar
S
Reported Out of Committee House of Origin
S
Pending Senate Finance and Taxation General Fund
S
Read for the first time and referred to the Senate Committee on Finance and Taxation General Fund
Calendar
Bill Text
Documents
Source: Alabama Legislature