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AL HB531

Bill

Official Source

Status

Introduced

2/25/2014

Primary Sponsor

Kerry Rich

Click for details

Origin

House of Representatives

Regular Session 2014

AI Summary

  • Exempts all property owned and used by the Snead State Community College Foundation from state, county, and local ad valorem taxes when used for charitable purposes.
  • Applies the exemption to property owned by the foundation and used in furtherance of its charitable mission.
  • Takes effect immediately upon passage and approval by the Governor, or upon otherwise becoming law.

Legislative Description

Snead State Community College Foundation, ad valorem tax exempt

Taxation

Last Action

Read for the first time and referred to the House of Representatives committee on Ways and Means Education

2/25/2014

Committee Referrals

Ways and Means Education2/25/2014

Full Bill Text

No bill text available