Current through the 2024 Regular Session.
Section 45-45A-43.02 - Additional tax for educational purposes(a) For the purposes of this section, the following words have the following meanings: (1) AMENDMENT NO. 56. Amendment No. 56 of the Constitution of Alabama of 1901, now appearing as Section 216.04 of the Official Recompilation of the Constitution of Alabama of 1901, as amended.(2) AMENDMENT NO. 269. Amendment No. 269 of the Constitution of Alabama of 1901, now appearing as Section 215.05 of the Official Recompilation of the Constitution of Alabama of 1901.(3) AMENDMENT NO. 373. Amendment No. 373 of the Constitution of Alabama of 1901, now appearing as Section 217 of the Official Recompilation of the Constitution of Alabama of 1901.(4) AMENDMENT NO. 805. Amendment No. 805 of the Constitution of Alabama of 1901, now appearing as Section 14 Limestone County Local Amendments of the Official Recompilation of the Constitution of Alabama of 1901.(5) CITY. The City of Madison, Alabama.(6) CITY GENERAL AD VALOREM TAX. The tax authorized pursuant to the applicable provisions of the general laws of this state and pursuant to Amendment No. 56 and Amendment No. 373 of the Constitution of Alabama of 1901, levied by the city for general municipal purposes and general public school purposes, and without express limit as to time.(b) The city presently levies and collects the city general ad valorem tax. Pursuant to a resolution adopted by the City Council of the City of Madison after a public hearing in accordance with Amendment No. 373, the City of Madison proposes to increase the rate at which it may levy and collect the city general ad valorem tax by an additional 12 mills ($1.20 on each one hundred dollars) of assessed value.(c) Pursuant to subsection (f) of Amendment No. 373 and a resolution adopted by the City Council of the City of Madison after a public hearing, the city may increase the rate at which the city levies and collects the city general ad valorem tax by a maximum rate increase for any tax year equal to 12 mills ($1.20 on each one hundred dollars) of assessed value to be used and expended exclusively for public educational purposes in and for the city.(d) The increase in the rate at which the city general ad valorem tax may be levied and collected pursuant to this section is subject to approval by a majority of the qualified electors residing in the city who vote on the proposed increase at a special election called and held for that purpose pursuant to subsection (f) of Amendment No. 373.(e) The increase in the city of general and ad valorem tax authorized by this section is exclusive of and in addition to the one-half mill of ad valorem tax levied as a special library tax pursuant to Amendment No. 269 and the ten and one-half mills of ad valorem tax levied for public school purposes in the Limestone County portion of the city pursuant to Amendment No. 805.(f) The increase in the maximum level of ad valorem tax authorized pursuant to this section may be made effective beginning with the levy for the tax year beginning on October 1, 2019, for which tax year municipal ad valorem taxes will become due and payable on October 1, 2020.Ala. Code § 45-45A-43.02 (1975)