HB502 Alabama 2017 Session
Bill Summary
Under existing law, property that has been acquired by the Forever Wild Land Trust is not subject to ad valorem taxation
This bill proposes a constitutional amendment that would require the Forever Wild Land Trust to annually reimburse the amount of any ad valorem tax revenue lost as a result of property previously subject to ad valorem tax being acquired by the Forever Wild Land Trust, which monies shall be paid to the county tax official in each county where the property has been acquired and distributed as other ad valorem tax proceeds
Proposing an amendment to the Constitution of Alabama of 1901, to require the Forever Wild Land Trust to annually reimburse the amount of any ad valorem tax revenue lost as a result of property previously subject to ad valorem tax being acquired by the Forever Wild Land Trust; and to provide that reimbursed monies shall be paid to the county tax official in each county where the property has been acquired and distributed as other ad valorem tax proceeds.
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| May 17, 2017 | H | Indefinitely Postponed |
| April 27, 2017 | H | Read for the second time and placed on the calendar |
| April 11, 2017 | H | Read for the first time and referred to the House of Representatives committee on State Government |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | April 26, 2017 | Room 429 at 15:00 | House SG Hearing |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB502 Alabama 2017 Session - Introduced |