Bill > HB421

This bill proposes a constitutional amendment for Lawrence County, Alabama, to allow individuals aged 65 or older to receive a senior property tax exemption on their primary residence, provided they have lived there for at least five years. This exemption would freeze the assessed value of the property at its level before the exemption is claimed, though the property would still be subject to changes in millage rates and the assessed value of any additions made to the property would be taxed. The exemption can be claimed starting October 1, 2027, and must be applied for in writing with the Lawrence County Revenue Commissioner between October 1 and December 31. The bill also outlines the process for holding an election to vote on this proposed amendment, which will become part of the state constitution if approved by a majority of voters.

Government Affairs

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