Loading chat...
AL SB353
Bill
Status
3/1/2018
Primary Sponsor
Vivian Figures
Click for details
AI Summary
-
Proposes a constitutional amendment to levy an additional 5 mill annual state ad valorem tax on taxable property within Alabama, increasing the current 6.5 mill rate.
-
Net proceeds from the additional tax will be distributed to the State General Fund exclusively for Medicaid purposes.
-
Tax becomes effective after December 31, 2018, subject to exemptions, valuations, and limitations provided by general law.
-
Amendment requires approval by a majority of qualified electors voting in a statewide general election held in accordance with constitutional procedures.
-
Election ballot will include a description of the amendment and yes/no voting options for voters to decide on the additional Medicaid tax levy.
Legislative Description
Medicaid, funding through General Fund, additional 5 mill statewide levy in ad valorem tax distributed for Medicaid purposes, const. amend.
Constitutional Amendments
Last Action
Read for the first time and referred to the Senate committee on Finance and Taxation General Fund
3/1/2018