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AL SB299

Bill

Official Source

Status

Engrossed

4/20/2021

Primary Sponsor

Arthur Orr

Click for details

Origin

Senate

Regular Session 2021

AI Summary

SB299 Summary

  • Transfers valuation and assessment of airplanes, airships, and other aircrafts from individual counties to the Department of Revenue effective October 1, 2022.

  • Applies to aircrafts listed in Section 40-11-1, Code of Alabama 1975.

  • Authorizes the Department of Revenue to adopt rules for implementing and administering the centralized valuation and assessment process.

  • Becomes effective immediately upon passage and approval by the Governor.

Legislative Description

Aircrafts. Revenue Dept., required to centrally value and assess certain aircrafts

Aircraft

Last Action

Pending third reading on day 28 Favorable from State Government

4/29/2021

Committee Referrals

State Government4/20/2021
Finance and Taxation Education3/3/2021

Full Bill Text

No bill text available