Alabama HB85 mandates reappraisal of Class II and III property every three years and phases in any increase over the next three years.
Alabama HB85 amends the Code of Alabama to require reappraisals of Class II and Class III real property no more than every three years. If the assessed value increases from the previous appraisal, the increase will be phased in equally over the next three years. This bill aims to ensure property assessments are updated regularly and changes in value are implemented gradually.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
Analyze for Free
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.