AL HB477

Proposes a constitutional amendment to levy an additional one mill annual state ad valorem tax on taxable property in Alabama, increasing the current 6.5 mill rate.

Tax becomes effective after December 31, 2016, and net proceeds are distributed to the State General Fund.

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

Election on the proposed amendment shall be held at the next statewide primary, general, or special election held for that purpose.

Ballot language must describe the amendment as providing an additional one mill of ad valorem tax with net proceeds distributed to the State General Fund, presented as a yes/no question.