Loading chat...
AL HB784
Bill
Status
3/25/2010
Primary Sponsor
Joseph Mitchell
Click for details
AI Summary
HB784 Summary
-
Proposes a constitutional amendment to exempt personal property used in a business that is movable or not permanently fixed to the land from all ad valorem taxation.
-
Amends Section 217 of the Constitution of Alabama of 1901 by adding language to Section (k) that exempts such business personal property from ad valorem taxation.
-
Currently, personal property used in a business that is movable or not permanently fixed to the land is subject to ad valorem taxation; this amendment would eliminate that tax obligation.
-
Amendment requires approval by a majority of qualified electors voting on the proposal and must comply with Sections 284, 285, and 287 of the Alabama Constitution.
-
Election officials must place the amendment on the ballot with a description of the proposal and Yes/No voting options.
Legislative Description
Ad valorem tax, certain personal property used in a business exempt, Section 217 (Section 217, Recompiled Constitution of Alabama of 1901, as amended), am'd., const. amend.
Constitutional Amendments
Last Action
Read for the first time and referred to the House of Representatives committee on Education Appropriations
3/25/2010