Ala. Code § 45-51-244.01

Current through the 2024 Regular Session.
Section 45-51-244.01 - Authorization to levy and collect ad valorem tax

Montgomery County presently is authorized to levy and collect the special ad valorem tax at a rate of $.30 on each one hundred dollars (three mills on each dollar) of assessed value pursuant to Amendment 382 subject to approval by the electorate as provided by the laws of this state. Pursuant to a resolution adopted by the county commission in accordance with Amendment 373, Montgomery County proposes to increase the rate at which it may levy and collect the special ad valorem tax in the district to a maximum rate, for any tax year, which is equal to $1.85 on each one hundred dollars (18.5 mills on each dollar) of assessed value.

Ala. Code § 45-51-244.01 (1975)

Act 2020-197, § 2.