AL HB275

Proposes a constitutional amendment to levy an additional one-half mill annual state ad valorem tax on taxable property, effective after December 31, 2012.

Distributes the first 20 percent of net proceeds equally between the Alabama Firefighters' Annuity and Benefit Fund and the Alabama Peace Officers' Annuity and Benefit Fund.

Distributes remaining tax proceeds to the State General Fund after the 20 percent allocation to the two annuity and benefit funds.

Amendment becomes valid upon approval by a majority of qualified electors voting in accordance with Sections 284, 285, and 287 of the Alabama Constitution of 1901.

Election official shall assign a ballot number and display a description of the amendment with "Yes" and "No" voting options on the election ballot.