Alabama Code 45-48A-20.01. Additional ad valorem tax for public school purposes
Terms Used In Alabama Code 45-48A-20.01
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- property: includes both real and personal property. See Alabama Code 1-1-1
- state: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Alabama Code 1-1-1
- year: means a calendar year; but, whenever the word "year" is used in reference to any appropriations for the payment of money out of the treasury, it shall mean fiscal year. See Alabama Code 1-1-1
In addition to any taxes now authorized or that may hereafter be authorized by the constitution and laws of the State of Alabama, pursuant to Amendment 373 to the Constitution of the State of Alabama, an increase of the ad valorem tax presently being levied in the City of Arab, Alabama, pursuant to the general provisions of the constitution and laws of the State of Alabama from the rate of fifty cents ($0.50) on each one hundred dollars ($100) worth of taxable property in the city to the rate of one dollar forty-five cents ($1.45) on each one hundred dollars ($100) worth of taxable property in the city (an increase of ninety-five cents ($0.95) on each one hundred dollars ($100) worth of taxable property, or nine and one-half mills) is approved; such additional nine and one-half mill tax to be levied and collected for each year beginning with the levy for the tax year October 1, 1991, to September 30, 1992 (the tax for which year will be due and payable October 1, 1992), and ending with the levy for the tax year October 1, 2020, to September 30, 2021 (the tax for which year will be due and payable October 1, 2021), and to be used by the city board of education of the City of Arab for public school purposes; provided, that the aforesaid increased rate of such tax, the time it is to continue, and the purpose thereof shall have been first submitted to the vote of the qualified electors of the city, and voted for by a majority of those voting at a special election called and held in accordance with the law governing special elections.