HB 73 - Increases the Cap in Assessed Value on Residential and Commercial Property to 7% - Alabama Key Vote
Timeline
- Senate Bill Passed
- May 8, 2024
- House Bill Passed
- April 9, 2024
- Introduced
- Jan. 30, 2024
Related Issues
Stage Details
Title: Increases the Cap in Assessed Value on Residential and Commercial Property to 7%
Vote Smart's Synopsis:
Vote to pass a bill that increases caps in assessed values on residential and commercial property to 7% of the assessed value of the property from the previous year in Alabama.
Highlights:
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Increases caps in assessed values on residential and commercial property to 7% of the assessed value of the property from the previous year in Alabama (Sec. 1).
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Specifies that the provisions of this bill shall become effective October 1, 2024 (Sec. 2).
Title: Increases the Cap in Assessed Value on Residential and Commercial Property to 7%
Title: Increases the Cap in Assessed Value on Residential and Commercial Property to 7%