Comments: AL HB259 | 2023 | Regular Session

Bill 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.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2023-04-12 - Carry Over by House State Government [HB259 Detail]

Text: Latest bill text (Introduced) [PDF]

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