Statutes, codes, and regulations
Alabama Administrative Code
Title 810 - ALABAMA DEPARTMENT OF REVENUE
Chapter 810-4-1 - AD VALOREM TAX
Section 810-4-1-.02 - Implementation Plan For Annual Equalization

Ala. Admin. Code r. 810-4-1-.02

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Current through Register Vol. 43, No. 1, October 31, 2024
Section 810-4-1-.02 - Implementation Plan For Annual Equalization
(1) Purpose - This rule is issued pursuant to the authority contained in §§ 40-7-64 and 40-2-11, Code of Ala. 1975, for the purpose of establishing guidelines, procedures, and a definite schedule for the annual equalization of real property values for ad valorem tax purposes.
(2) Procedures - All property values will be adjusted on an annual basis to reflect current market value as of October 1st of each year, as prescribed in Addendum 0 (Annual Equalization Procedures) of the Property Tax Plan for Equalization (ADV-1), as it may be amended from time to time.

Ala. Admin. Code r. 810-4-1-.02

Amended by Alabama Administrative Monthly Volume XXXVII, Issue No. 01, October 31, 2018, eff. 12/1/2018.

Author: Derrick Coleman

Statutory Authority:Code of Ala. 1975, §§ 40-2A-7(a)(5), 40-2-11, 40-7-64, 40-11-1.5.