AL HB178

Proposes a constitutional amendment to expand the authority of municipalities under Amendment No. 8 of Alabama's 1901 Constitution to levy and collect ad valorem taxes.

Allows municipalities to use tax proceeds for direct payment of public capital improvement costs on a pay-as-you-go basis, in addition to paying debt service on bonds and other securities.

Permits municipalities to levy ad valorem taxes at a rate not exceeding the millage rate lawfully permitted for directly paying capital improvement costs.

Ratifies, validates, and confirms any prior levy and collection of ad valorem taxes for these purposes before the amendment's ratification.

Amendment requires approval by a majority of qualified electors voting in an election conducted according to Alabama constitutional procedures; House passed 04-FEB-21, Senate passed 29-APR-21.