AL SB213

Proposes a constitutional amendment allowing Lamar County residents age 65 or older to claim a senior property tax exemption that freezes their home's assessed value at the year prior to claiming the exemption

Requires the property to be owner-occupied single-family residential property used as the individual's principal residence for at least 5 years before claiming the exemption

Exemption continues as long as the taxpayer uses the property as their principal residence, and remains compatible with homestead and other existing exemptions

Property remains subject to millage rate changes, and any additions to the property after claiming the exemption will be assessed and taxed based on the increased value

Exemption may be claimed beginning October 1, 2027, with written application to the Lamar County Revenue Commissioner between October 1 and December 31; requires voter approval to take effect