AL HB175

Authorizes the City of Tuscaloosa to increase ad valorem tax on all taxable property within the city to a maximum rate of $2.50 per $100 of assessed value (25.0 mills per dollar) for public school purposes.

Increases the current tax rate from $1.35 per $100 of assessed value (13.5 mills per dollar) by up to 11.5 mills per dollar, with all increased revenue paid to the Tuscaloosa City Board of Education for public school purposes.

The city council must adopt a resolution after a public hearing pursuant to Section 217(f) of the Alabama Constitution of 2022 before implementing the tax increase.

The tax increase is subject to approval by a majority of qualified electors residing in the city voting at a special election held for this purpose.

Act becomes effective immediately upon passage and Governor approval or upon otherwise becoming law.