HB389

ENROLLED, An Act,

To authorize the City Council of the City of Guntersville in Marshall County, pursuant to Amendment No. 373 of the Constitution of Alabama 1901, as amended, to increase the rate of the city's special school ad valorem tax levied and collected on all taxable property in the city authorized pursuant to the applicable provisions of the general laws of this state and pursuant to the Constitution of Alabama of 1901, as amended, by an additional amount up to 9 mills on each dollar ($0.90 on each one hundred dollars) of assessed value, to be used exclusively for capital outlay or debt service for public schools.

BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:

Section 1. This act shall apply only to the City of Guntersville in Marshall County.

Section 2. For the purposes of this act, the following words have the following meanings:

(1) AMENDMENT NO. 56. Amendment No. 56 of the Constitution of Alabama 1901, now appearing as Section 216.04 of the Recompiled Constitution of Alabama of 1901, as amended.

(2) AMENDMENT NO. 373. Amendment No. 373 of the Constitution of Alabama of 1901, now appearing as Section 217 of the Recompiled Constitution of Alabama of 1901.

(3) CITY. The City of Guntersville, Alabama.

(4) CITY SPECIAL SCHOOL AD VALOREM TAX. The tax authorized pursuant to the applicable provisions of the general laws of this state and pursuant to Amendment No. 56 and Amendment No. 373 of the Constitution of Alabama of 1901, levied by the city for public school purposes, or for capital outlay or debt service for public schools, and without express limit as to time.

Section 3. The city presently levies and collects the city special school ad valorem tax for public school purposes. Pursuant to a resolution adopted by the City Council of the City of Guntersville after a public hearing in accordance with Amendment No. 373, the City of Guntersville proposes to increase the rate at which it may levy and collect the city special school ad valorem tax by an additional amount up to nine mills on each dollar ($0.90 on each one hundred dollars) of assessed value, with the proposed increase in the city special school ad valorem tax to be used exclusively for capital outlay or debt service for public schools.

Section 4. Pursuant to subsection (f) of Amendment No. 373 and a resolution adopted by the City Council of the City of Guntersville after a public hearing, the city may increase the rate at which the city levies and collects the city special school ad valorem tax by up to 9 mills on each dollar ($0.90 on each one hundred dollars) of assessed value, the increase to be used and expended exclusively for capital outlay or debt service for public schools.

Section 5. The increase in the rate at which the city special school ad valorem tax may be levied and collected pursuant to this act is subject to approval by a majority of the qualified electors residing in the city who vote on the proposed increase at a special election called and held for that purpose pursuant to subsection (f) of Amendment No. 373.

Section 6. The increase in the city special school ad valorem tax authorized pursuant to this act may be made effective and due and payable beginning on the October 1 next following the levy of the increase by the city after the approval of the increase by the qualified electors of the city in the special election held for that purpose.

Section 7. This act shall become effective on the first day of the third month following its passage and approval by the Governor, or its otherwise becoming law.

Ad Valorem Tax

Marshall County

Taxation

Schools

Education

Municipalities

Guntersville