AL HB591

Authorizes an additional 25.5 mills of ad valorem school district taxation in the Pike Road School Tax District (within the City of Pike Road, Alabama), effective simultaneously with the expiration of 6.5 mills of existing tax, resulting in a net increase of 19 mills.

Tax levy subject to approval by majority vote of qualified electors in the Pike Road School Tax District at a special election held pursuant to state law governing special elections.

Taxation may commence with the tax year beginning October 1, 2022, to be collected for taxes due and payable October 1, 2023, and thereafter.

Net proceeds must be used exclusively for capital outlay purposes including acquiring, equipping, designing, constructing, financing, maintaining, and repairing public school facilities, and paying principal and interest on related indebtedness.

Pike Road Superintendent of Education must submit the Pike Road Board of Education's strategic plan and performance metrics to state legislators representing Montgomery County prior to each regular legislative session for annual review.