AL HB485

Proposes a constitutional amendment allowing Clarke County residents age 65 or older to claim a senior property tax exemption that freezes the assessed value of their primary residence for ad valorem tax purposes

Requires the property to be single-family owner-occupied residential property used as principal residence for at least 5 years prior to first claiming the exemption

Exemption remains in effect as long as the taxpayer continues using the property as principal residence; property remains subject to millage rate changes and any additions are taxed at current assessed value

Claims may be filed beginning October 1, 2027 (based on October 1, 2026 property value) with the Clarke County Revenue Commissioner between October 1 and December 31 annually

Requires approval by majority of qualified Clarke County electors voting on the proposed constitutional amendment