AL HB589

Authorizes the City Council of Hueytown, Alabama to increase the ad valorem tax rate on taxable property from 10 mills to a maximum of 20 mills per thousand dollars of assessed value ($10 to $20 per $1,000 assessed value).

The 10-mill increase in tax rate is contingent upon approval by a majority of qualified electors in Hueytown voting at a special election held for that purpose.

Net proceeds from the 10-mill increase shall be used for general municipal purposes.

The increase is authorized under Amendment 373 to the Alabama Constitution of 1901, now appearing as Section 217 of the Official Recompilation of the Constitution.

The act becomes effective immediately upon passage and approval by the Governor or upon otherwise becoming law.