§ 45-48A-11.02 — Total Special Ad Valorem Tax for Public School or Education Purpose

Alabama § 45-48A-11.02

• Jurisdiction: Alabama
• Title 45: Local Laws
• Ch. 48A: Marshall County Municipalities
• Art. 1: Albertville
• Part 2: Taxation
• Subpart 1: Ad Valorem

Text

In addition to any taxes now authorized or that may hereafter be authorized by the constitution and laws of the State of Alabama, there is hereby approved a total special ad valorem tax to be levied and collected annually in the municipality for any public school or education purpose (including without limitation capital improvements for any public school or education purpose, debt payments for any public school or education purpose, or any other public school or education purpose) at the uniform rate of one dollar thirty-five cents ($1.35) on each one hundred dollars ($100) worth of taxable property in the municipality pursuant to Sections 216 and 217(f) to the Constitution of Alabama of 1901, as amended, for a period of 30 years beginning with the levy for the tax year October 1, 2007, to September 30, 2008 (the tax for which year to be due and payable October 1, 2008), and ending with the levy for the tax year October 1, 2036, to September 30, 2037 (the tax for which year to be due and payable October 1, 2037), the levy and collection, if authorized, to operate to increase from seven and one-half (7.5) mills to thirteen and one- half (13.5) mills the tax authorized to be levied and collected pursuant to Section 216 of the Constitution of Alabama of 1901, as amended; provided, that the aforesaid increased rate of such tax, the time it is to continue and the purpose thereof shall have been first submitted to the vote of the qualified electors of the municipality, and voted for by a majority of those voting at an election called and held in accordance with applicable law governing such elections.

Legislative History

(Act 2007-373, p. 740, § 1.)