Alabama House approves bill capping property tax increases

The Alabama House of Representatives Tuesday approved a bill that caps increases in the assessed value of properties. HB 73, sponsored by Rep. Philip Pettus, R-Killen, passed the chamber on a 97-1 vote. The measure limits increases in assessed values on residential and commercial property to 7% of the assessed value of the property from […] The post Alabama House approves bill capping property tax increases appeared first on Alabama Reflector.

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