Bill
Bill > HB387
summary
Introduced
04/02/2024
04/02/2024
In Committee
04/23/2024
04/23/2024
Crossed Over
Passed
04/25/2024
04/25/2024
Dead
Signed/Enacted/Adopted
05/07/2024
05/07/2024
Introduced Session
Regular Session 2024
Bill Summary
Trussville, ad valorem tax, distribution for education, referendum
AI Summary
This bill proposes to allow the City of Trussville, Alabama to increase the rate of its "Special School Tax," a local property tax that funds public schools, from $0.70 on each $100 of assessed value (7 mills) to a maximum of $1.99 on each $100 (19.9 mills). This increase of up to $1.29 on each $100 (12.9 mills) must be approved by a majority of Trussville voters in a special election, as required by the Alabama Constitution. The additional revenue generated by this tax increase would be used for public school purposes in the city.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
Enacted (on 05/07/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://alison.legislature.state.al.us/bill-search |
| BillText | https://www.legislature.state.al.us/pdf/SearchableInstruments/2024RS/HB387-enr.pdf |
| BillText | https://www.legislature.state.al.us/pdf/SearchableInstruments/2024RS/HB387-int.pdf |
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