Alabama ad valorem tax
July 16, 2006 —
Update
Senate Bill 10 was introduced Jan.
10, 2006, and referred to the Senate Constitution, Campaign Finance,
Ethics, and Elections Committee. No further action was taken.
March 2, 2006
The Alabama Legislature is
considering a bill that would reduce the ad valorem tax on RVs.
Senate Bill 10 proposes a
constitutional amendment relating to the classifications of property
for ad valorem tax purposes. Currently, RVs fall into Class II
“All property not otherwise classified” and are taxed at the 20
percent rate.
The bill proposes that RVs be placed
in Class IV along with all private passenger automobiles, which are
taxed at 15 percent.
Alabama law requires that a
referendum on any tax issue be conducted. So, if the bill passes in
the Legislature, electors would vote to adopt it or reject it.
Max Durbin, chairman of FMCA's
Governmental and Legislative Advisory Committee, encourages Alabama
residents to contact their state legislators in support of the bill.
Status: SB 10 was sent to the
Senate Constitution, Campaign Finance, Ethics, and Elections
Committee on Jan. 10.
The Alabama Legislature
www.legislature.state.al.us
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