Alabama · 2026 Regular Session · Bill

HB 641: Taxation, to increase the market value threshold amount for which tangible personal property is exempt from state ad valorem taxation

In committee Last action March 19, 2026: Read for the first time and referred to the House Committee on Ways and Means General Fund

Plain-language summary

HB 641 is a bill introduced in the Alabama House on March 19, 2026. According to its official title, it concerns: Taxation, to increase the market value threshold amount for which tangible personal property is exempt from state ad valorem taxation. Primary sponsor: Marilyn Lands (Democratic). Most recent recorded action (March 19, 2026): Read for the first time and referred to the House Committee on Ways and Means General Fund.

Sponsors

Primary sponsor: Marilyn Lands (Democratic).