Alabama § 45-4-243 Property Tax Levy Increase Authorized; Disposition of Funds

Alabama Statutes

§ 45-4-243 — Property Tax Levy Increase Authorized; Disposition of Funds

Alabama·Title 45 Local Laws·Ch. 4 Bibb County·Art. 24 Taxation·Part 4 Tax, Ad Valorem·Subpart 1 Buildings, Bridges, and Roads

(a)The following words and phrases shall have the following meanings:

(1)AMENDMENT NO. 373. That amendment to the constitution that was proposed by Act No. 6, H. 170, 1978 Second Special Session.

(2)COMMISSION. Bibb County Commission.

(3)CONSTITUTION. The Constitution of Alabama of 1901.

(4)COUNTY. Bibb County, Alabama.

(5)SECTION 215. Section 215 of the constitution.

(6)SPECIAL TAX. The special ad valorem tax for necessary public buildings, bridges, and roads authorized in Section 215 and levied and collected on taxable property in the county.

(b)The county presently levies and collects the special tax at a rate of twenty-five cents ($.25) on each one hundred dollars ($100) (2.5 mills on each dollar) of assessed value pursuant to Section 215. Pursuant to a resolution adopted by th

Free access — add to your briefcase to read the full text and ask questions with AI

(a) The following words and phrases shall have the following meanings:
(1) AMENDMENT NO. 373. That amendment to the constitution that was proposed by Act No. 6, H. 170, 1978 Second Special Session.
(2) COMMISSION. Bibb County Commission.
(3) CONSTITUTION. The Constitution of Alabama of 1901.
(4) COUNTY. Bibb County, Alabama.
(5) SECTION 215. Section 215 of the constitution.
(6) SPECIAL TAX. The special ad valorem tax for necessary public buildings, bridges, and roads authorized in Section 215 and levied and collected on taxable property in the county.
(b) The county presently levies and collects the special tax at a rate of twenty-five cents ($.25) on each one hundred dollars ($100) (2.5 mills on each dollar) of assessed value pursuant to Section 215. Pursuant to a resolution adopted by the county commission in accordance with Amendment No. 373, the county proposes to increase the rate at which it may levy and collect the special tax to a maximum rate, for any tax year, which is equal to seventy-five cents ($.75) on each one hundred dollars ($100) (7.5 mills on each dollar) of assessed value.
(c) Pursuant to subsection (f) of Amendment No. 373 and a resolution adopted by the county commission after a public hearing, the county commission may increase the rate at which the county levies and collects the special tax to a maximum rate, for any tax year, which is equal to seventy-five cents ($.75) on each one hundred dollars ($100) (7.5 mills on each dollar) of assessed value; provided that the proceeds attributable to the increase in the rate of levy may be used only for the acquisition, construction, maintenance, and operation of a jail in the county and for the payment of debt service on any obligations incurred for such purpose.

Alabama § 45-4-243 (Property Tax Levy Increase Authorized; Disposition of Funds) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.