HB450 Summary

• Proposes a local constitutional amendment for Autauga County to levy an additional ad valorem tax of 70 cents per $100 of taxable property (7 mills) for public school purposes.

• Tax will be collected by the Autauga County Revenue Commissioner and delivered to the Autauga County Board of Education in the same manner as other ad valorem taxes.

• New tax will not reduce the millage rates levied under Section 269.08 of the Alabama Constitution for the tax year beginning October 1, 2023, and thereafter.

• Proceeds may be used for any lawful public school purpose, including operational expenses and payment of indebtedness incurred by the Autauga County Board of Education.

• Amendment requires approval by majority vote of Autauga County electors and will take effect for the tax year beginning October 1, 2024, with collections beginning October 1, 2025.