HB81 Summary

• Authorizes Jefferson County Commission to increase the special district ad valorem school tax rate for the Trussville City Board of Education from $0.51 to $1.39 per $100 of assessed value (13.9 mills), effective for tax years commencing on or after October 1, 2021.

• The $0.88 per $100 increase is designed to coincide with the expiration of an existing $0.88 per $100 tax, resulting in no net increase to the total tax rate in the special school tax district.

• Rate adjustment requires approval by a majority of qualified electors in the Trussville special school tax district voting in a special election held for that purpose.

• County Commission must adopt a resolution after conducting a public hearing before implementing the tax rate adjustment pursuant to Constitutional Amendment No. 373.

• Act becomes effective immediately upon passage and approval by the Governor.