Loading chat...
AL SB328
Bill
Status
5/4/2020
Primary Sponsor
David Burkette
Click for details
AI Summary
-
Authorizes Montgomery County Commission to increase the special ad valorem tax rate on property within the Montgomery School Tax District from $0.30 (3 mills) to a maximum of $1.85 per $100 of assessed value (18.5 mills).
-
The tax rate increase applies to all taxable property in the district, excluding areas within the corporate limits of the City of Pike Road.
-
Any rate increase is contingent upon approval by a majority of qualified electors in the district voting at a special election held for that purpose.
-
The increase, if approved, would replace any district tax previously levied under Amendment No. 3 or Amendment No. 778 of the Alabama Constitution.
-
The act becomes effective immediately upon passage and approval by the Governor.
Legislative Description
Montgomery Co., ad valorem tax for Montg. School Tax District, levy at rate $1.85 on each $100 (18.5 mills) by co. commission, referendum of Montg. Co., not to include Pike Road
Montgomery County
Last Action
Read for the first time and referred to the Senate committee on Local Legislation
5/4/2020