Alabama · 2025 Regular Session · Bill

SB 300: To amend 40-9-1; increasing the market value threshold amount for which tangible personal property is exempt from state ad valorem taxation

Did not advance Last action May 6, 2025: Currently Indefinitely Postponed

Plain-language summary

SB 300 is a bill introduced in the Alabama Senate on April 8, 2025. According to its official title, it concerns: To amend 40-9-1; increasing the market value threshold amount for which tangible personal property is exempt from state ad valorem taxation. Primary sponsor: David Sessions (Republican). Most recent recorded action (May 6, 2025): Currently Indefinitely Postponed.

SB 300: To amend 40-9-1; increasing the market value threshold amount for which tangible personal property is exempt from state ad valorem taxation

Plain-language summary

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