Alabama HB65 proposes a constitutional amendment to allow seniors in Franklin County to claim a property tax exemption.

Alabama HB65 proposes an amendment to the Constitution of Alabama of 2022 to authorize a qualified taxpayer aged 65 or older to claim a senior property tax exemption for real property in Franklin County. The exemption applies to single-family owner-occupied residential property used as the principal residence for at least five years. The assessed value of the property freezes at the year before the exemption is claimed. The exemption continues as long as the property remains the principal residence.

Alabama HB65 proposes a constitutional amendment to allow seniors in Franklin County to claim a property tax exemption.

Alabama HB65 proposes an amendment to the Constitution of Alabama of 2022 to authorize a qualified taxpayer aged 65 or older to claim a senior property tax exemption for real property in Franklin County. The exemption applies to single-family owner-occupied residential property used as the principal residence for at least five years. The assessed value of the property freezes at the year before the exemption is claimed. The exemption continues as long as the property remains the principal residence.