AL HB259 | 2023 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on April 5 2023 - 25% progression, died in committee
Action: 2023-04-12 - Carry Over by House State Government
Pending: House State Government Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on April 5 2023 - 25% progression, died in committee
Action: 2023-04-12 - Carry Over by House State Government
Pending: House State Government Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Relating to tax abatements; to specify that the method of determining fair market value of real or personal property by a tax abatement recipient appealing an ad valorem tax assessment in circuit court shall be the same method used by the county granting the tax abatement; and to exclude consideration of obsolescence in determining fair market valuation of real or personal property for the duration of an abatement.
Title
Relating to tax abatements; to specify that the method of determining fair market value of real or personal property by a tax abatement recipient appealing an ad valorem tax assessment in circuit court shall be the same method used by the county granting the tax abatement; and to exclude consideration of obsolescence in determining fair market valuation of real or personal property for the duration of an abatement.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2023-04-12 | House | Carry Over by House State Government |
| 2023-04-05 | House | Introduced and Referred to House State Government |
| 2023-04-05 | House | Read First Time in House of Origin |
