Bill > HB40

This bill proposes a constitutional amendment in Lauderdale County, Alabama to allow a person aged 65 or older to claim a senior property tax exemption on their single-family, owner-occupied residential property that has been their principal place of residence for at least five years. The exemption would freeze the assessed value of the property at the amount from the year prior to claiming the exemption, and the property would continue to be subject to any changes in millage rates. The exemption must be claimed in writing with the Lauderdale County Revenue Commissioner between October 1 and December 31, and can be claimed starting October 1, 2025 for the 2024 tax year. The bill also outlines the process for holding an election on the proposed amendment.

Government Affairs

https://alison.legislature.state.al.us/bill-search