Alabama HB 259: Relating to tax abatements; to specify that the method of determining fair market value of real or personal property by a tax abatement recipient appealing an ad valorem tax assessment in circuit court shall be the same method used by the county granting the tax abatement; and to exclude consideration of obsolescence in determining fair market valuation of real or personal property for the duration of an abatement.

Status: Carry Over (State Government) (as of 2023-04-12)

State: Alabama · Session: 2023rs · Bill: HB 259

Subjects: Tax abatements

Sponsors: Margie Wilcox

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