AL SB56

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

Property must be single-family owner-occupied residential real estate used as principal residence for at least 5 years prior to claiming the exemption

Exemption continues as long as the taxpayer maintains the property as their principal residence, and does not affect eligibility for homestead or other exemptions

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

Exemption may be claimed beginning October 1, 2027, by filing with the Walker County Revenue Commissioner between October 1 and December 31; requires voter approval