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AL HB530
Bill
Status
Passed
5/5/2011
Primary Sponsor
Gregory Wren
Click for details
AI Summary
- Authorizes the Town of Pike Road in Montgomery County to levy up to an additional 25 mills in ad valorem taxes on taxable property within the town.
- Tax increase requires approval by majority vote of qualified electors in Pike Road at a special election held pursuant to Section 217 of the Alabama Constitution of 1901.
- Revenue from the additional tax shall be paid to the municipal general fund and allocated for public school purposes within the Town of Pike Road.
- All ad valorem taxes in Pike Road shall be levied, collected, administered, and enforced under the same time, manner, requirements, and laws as state ad valorem taxes, with officials receiving the same fees and compensation as Montgomery County assessors and collectors.
- Act becomes effective immediately upon passage and approval by the Governor.
Legislative Description
Pike Road, ad valorem tax, additional authorized for public schools, referendum
Montgomery County
Last Action
Delivered to Governor at 3:15 p.m. on May 5, 2011.
5/5/2011
Committee Referrals
Local Legislation No. 14/27/2011
Montgomery County Legislation4/19/2011
Full Bill Text
No bill text available