Section 45-NEW - [Newly enacted section not yet numbered]For the purposes of this act, the following words have the following meanings:
(1) ALABAMA CONSTITUTION. The Constitution of Alabama of 2022, as amended.(2) CITY. The City of Trussville, Alabama.(3) CITY COUNCIL. The City Council of the City of Trussville.(4) SCHOOL BOARD. The Trussville City Board of Education.(5) SCHOOL FUNDING PROPOSAL. The proposal to increase the rate at which the Special School Tax is authorized for levy and collection to a maximum rate, for any tax year of the city, which is equal to $1.99 on each one hundred dollars (19.9 mills on each dollar) of assessed value, an increase of up to $1.29 on each one hundred dollars (12.9 mills on each dollar) of assessed value to be used for public school purposes.(6) SPECIAL SCHOOL TAX. The ad valorem tax authorized by Section 216.04 of the Alabama Constitution and an election held in the city on February 25, 2014, to be levied and collected on taxable property in the city at the rate of $0.70 on each one hundred dollars (7 mills on each dollar) of assessed value.Ala. Code § 45-NEW (1975)
Added by Act 2024-217,§ 1, eff. 6/1/2024.