Alabama HB457 proposes a constitutional amendment to allow seniors in Morgan County to claim a property tax exemption.

Alabama HB457 proposes an amendment to the Constitution of Alabama of 2022, authorizing a senior property tax exemption for individuals in Morgan County. This exemption applies to real property owned by the individual, classified as single-family owner-occupied residential property, and used as the principal place of residence. The exemption freezes the assessed value of the property for the year immediately prior to claiming the exemption. The amendment requires the individual to have resided in Morgan County for at least five years before claiming the exemption.

Alabama HB457 proposes a constitutional amendment to allow seniors in Morgan County to claim a property tax exemption.

Alabama HB457 proposes an amendment to the Constitution of Alabama of 2022, authorizing a senior property tax exemption for individuals in Morgan County. This exemption applies to real property owned by the individual, classified as single-family owner-occupied residential property, and used as the principal place of residence. The exemption freezes the assessed value of the property for the year immediately prior to claiming the exemption. The amendment requires the individual to have resided in Morgan County for at least five years before claiming the exemption.