SB286
166621-5:n:12/21/2015:LLR/tj LRS2015-1337R3 SB286 By Senator Pittman RFD Fiscal Responsibility and Economic Development Rd 1 23-FEB-16 SYNOPSIS: Under existing law, the interest to be paid through any litigation related to properties that are the subject of a tax sale is currently 12 percent. Additionally, redemption of properties sold at a tax sale, including the amount in excess of taxes due that is paid by the tax sale purchaser at the time of the tax sale purchase, is 12 percent. This bill would reduce the interest to be paid through any litigation related to properties that are the subject of a tax sale or the redemption of properties sold at a tax sale, including the amount paid in excess of taxes due that is paid by the tax sale purchaser, to seven and one-half percent. A BILL TO BE ENTITLED AN ACT To amend Sections 40-10-75, 40-10-76, 40-10-77, 40-10-83, 40-10-121, and 40-10-122, Code of Alabama 1975, to reduce interest due or paid on properties subject to tax sale to seven and...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB286.htm - 19K - Match Info - Similar pages
SB350
174719-2:n:03/02/2016:LLR/tj LRS2016-798R1 SB350 By Senator Sanders RFD Fiscal Responsibility and Economic Development Rd 1 15-MAR-16 SYNOPSIS: Under existing law, a party desiring to redeem property sold to the state for unpaid taxes is required to pay the amount of money for which the property was sold, together with the amount of all taxes found to be due on the property since the date of sale, with interest at the rate of 12 percent. This bill would provide that a party desiring to redeem property sold to the state for unpaid taxes would pay interest only on the taxes due at the time of default. A BILL TO BE ENTITLED AN ACT To amend Section 40-10-121, Code of Alabama 1975; to provide that a party desiring to redeem property sold to the state for unpaid taxes pay interest only on the taxes due at the time of default. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Section 40-10-121, Code of Alabama 1975, is amended to read as follows: §40-10-121. "(a) In order to obtain the...
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HB104
OF FUNDS: Alabama State Board of Chiropractic Examiner's Fund 504,000 As provided in Section 34-24-143, Code of Alabama 1975. Total Chiropractic Examiners, Alabama State Board of 504,000 504,000 Choctawhatchee, Pea and Yellow Rivers Watershed Management Authority: Water Resource Development Program 10,000 10,000 SOURCE OF FUNDS: Choctawhatchee, Pea and Yellow Rivers Fund 10,000 Total Choctawhatchee, Pea and Yellow Rivers Watershed Management Authority 10,000 10,000 Commerce, Department of: Industrial Development Program 5,010,544 350,000 5,360,544 Of the above appropriation, $75,000 shall be expended for the Robotics Technology Park. Skills Enhancement and Employment Opportunities Program 759,456 41,686,938 42,446,394 SOURCE OF FUNDS: State General Fund 5,770,000 Departmental Receipts 350,000 Federal and Local Funds 41,686,938 Total Commerce, Department of 5,770,000 42,036,938 47,806,938 Conservation and Natural Resources, Department of: State Land Management Program 20,049,291...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB104.htm - 207K - Match Info - Similar pages
SB15
services to and on behalf of needy persons. b. a. Nine and nine one-hundredths percent shall be set apart and used for the following purposes only and in the following order: 1. So much thereof as may be necessary for such purpose is hereby appropriated and shall be used by the State Treasurer to pay at their respective maturities the principal and interest that will mature during the then current fiscal year on all bonds at the time outstanding that may have been issued by the State Industrial Development Authority under the provisions of the following acts: (i) Acts 1967, No. 231; (ii) Acts 1971, No. 1420; (iii) Acts 1973, No. 1039; (iv) Acts 1975, No. 1217; (v) Acts 1978, 2nd Ex. Sess., No. 99; (vi) Acts 1981, No. 81-843; (vii) Acts 1983, No. 83-925; and (viii) Acts 1987, No. 87-550. 2. The balance thereafter remaining during each fiscal year shall be paid into the State General Fund. a special fund in the State Treasury to be designated the "General and Mental Health Fund,"...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB15.htm - 81K - Match Info - Similar pages
HB78
164053-1:n:11/03/2015:JET/tj LRS2015-2820 HB78 By Representative Pringle RFD State Government Rd 1 02-FEB-16 SYNOPSIS: This bill would establish the Alabama Cooperative Housing Corporation Act of 2016, to regulate cooperatives, a form of ownership of real property in which legal title is vested in a corporation or other entity, and the cooperative unit's occupants receive an exclusive right to occupy the unit. This bill would require any cooperative housing corporation formed after January 1, 2017, to organize under the Alabama Nonprofit Corporation Act, and be subject to all the duties, requirements, obligations, rights, and privileges under the act, and would require the filing of certain cooperative documents with the Secretary of State. This bill would require the Secretary of State to implement and maintain an electronic database, organized by cooperative name and accessible by the public through the Secretary of State's website, with the capability to search and retrieve...
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SB125
OF FUNDS: Alabama State Board of Chiropractic Examiner's Fund 504,000 As provided in Section 34-24-143, Code of Alabama 1975. Total Chiropractic Examiners, Alabama State Board of 504,000 504,000 Choctawhatchee, Pea and Yellow Rivers Watershed Management Authority: Water Resource Development Program 10,000 10,000 SOURCE OF FUNDS: Choctawhatchee, Pea and Yellow Rivers Fund 10,000 Total Choctawhatchee, Pea and Yellow Rivers Watershed Management Authority 10,000 10,000 Commerce, Department of: Industrial Development Program 5,010,544 350,000 5,360,544 Of the above appropriation, $75,000 shall be expended for the Robotics Technology Park. Skills Enhancement and Employment Opportunities Program 759,456 41,686,938 42,446,394 SOURCE OF FUNDS: State General Fund 5,770,000 Departmental Receipts 350,000 Federal and Local Funds 41,686,938 Total Commerce, Department of 5,770,000 42,036,938 47,806,938 Conservation and Natural Resources, Department of: State Land Management Program 20,049,291...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB125.htm - 216K - Match Info - Similar pages
HB447
173187-1:n:02/02/2016:LLR/tj LRS2016-232 HB447 By Representative Williams (JD) RFD Judiciary Rd 1 17-MAR-16 SYNOPSIS: Under existing law, tax sales must be made in front of the door of the courthouse and the judge of probate is required to perform specified duties. This bill would permit each judge of probate to use contracted services, products, or electronic means to sell property for unpaid taxes and perform those duties. A BILL TO BE ENTITLED AN ACT To amend Section 40-10-15, Code of Alabama 1975, relating to tax sales; to permit each judge of probate to use contracted services, products, or electronic means to sell property for unpaid taxes. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Section 40-10-15, Code of Alabama 1975, is amended to read as follows: §40-10-15. "Such sales (a) Except as otherwise provided in subsection (b), sales of lands under this article shall be made in front of the door of the courthouse of the county at public outcry, to the highest bidder...
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SB326
173187-1:n:02/02/2016:LLR/tj LRS2016-232 SB326 By Senator Waggoner RFD County and Municipal Government Rd 1 03-MAR-16 SYNOPSIS: Under existing law, tax sales must be made in front of the door of the courthouse and the judge of probate is required to perform specified duties. This bill would permit each judge of probate to use contracted services, products, or electronic means to sell property for unpaid taxes and perform those duties. A BILL TO BE ENTITLED AN ACT To amend Section 40-10-15, Code of Alabama 1975, relating to tax sales; to permit each judge of probate to use contracted services, products, or electronic means to sell property for unpaid taxes. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Section 40-10-15, Code of Alabama 1975, is amended to read as follows: §40-10-15. "Such sales (a) Except as otherwise provided in subsection (b), sales of lands under this article shall be made in front of the door of the courthouse of the county at public outcry, to the highest...
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SB313
SB313 ENGROSSED By Senator Marsh A BILL TO BE ENTITLED AN ACT Relating to Class 5 municipalities; to authorize Class 5 municipalities to file an expedited quiet title and foreclosure action in circuit court to establish clear title to abandoned tax sale properties within the corporate limits that are acquired from the State Land Commissioner pursuant to Chapter 10, Title 40, Code of Alabama 1975; and to provide for the procedure and due process for the action in circuit court. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA: Section 1. This act shall apply only in a Class 5 municipality and provides the exclusive procedure for an expedited quiet title and foreclosure action for a Class 5 municipality, notwithstanding Section 24-9-8, Code of Alabama 1975. Section 40-10-82, Code of Alabama 1975, as amended, shall not apply to, restrict, or otherwise affect any cause of action or action brought by a Class 5 municipality pursuant to this act and shall not remove any limitation of action or...
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SB242
173544-1:n:02/05/2016:LFO-HP*/bdl SB242 By Senator Pittman RFD Finance and Taxation Education Rd 1 16-FEB-16 SYNOPSIS: This bill updates the sales and use tax laws to provide for definitions of tangible personal property and digital goods. This bill also amends the definition of a wholesale sale to add clarification and consistency to the sales and use tax code. A BILL TO BE ENTITLED AN ACT Relating to sales and use tax definitions; to amend Sections 40-23-1, 40-23-2, 40-23-60, and 40-23-61 of the Code of Alabama 1975, to add and update definitions. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Sections 40-23-1, 40-23-2, 40-23-60, and 40-23-61, Code of Alabama 1975 are hereby amended to read as follows: §40-23-1. "(a) For the purpose of this division, the following terms shall have the respective meanings ascribed by this section: "(1) PERSON or COMPANY. Used interchangeably, includes any individual, firm, copartnership, association, corporation, receiver, trustee, or any...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB242.htm - 47K - Match Info - Similar pages
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