Alabama HB421 proposes a constitutional amendment to allow senior citizens in Lawrence County to claim a property tax exemption on their primary.

Alabama HB421 proposes an amendment to the Constitution of Alabama of 2022, allowing individuals aged 65 or older in Lawrence County to claim a senior property tax exemption on their primary residence. This exemption applies to single-family owner-occupied residential property used as the individual's principal place of residence. The exemption freezes the property's assessed value for the year before the exemption is claimed and adds the assessed value of any additions to the property for five years prior to the exemption.

Alabama HB421 proposes a constitutional amendment to allow senior citizens in Lawrence County to claim a property tax exemption on their primary.

Alabama HB421 proposes an amendment to the Constitution of Alabama of 2022, allowing individuals aged 65 or older in Lawrence County to claim a senior property tax exemption on their primary residence. This exemption applies to single-family owner-occupied residential property used as the individual's principal place of residence. The exemption freezes the property's assessed value for the year before the exemption is claimed and adds the assessed value of any additions to the property for five years prior to the exemption.