Real Property Tax Assessment
HB 73 modifies the rules for calculating real property tax assessments, specifically addressing how much an assessed value can increase. The bill limits the annual growth in a property's assessed value to no more than five percent. This change directly affects property owners and local governments by capping how quickly tax bases can rise based on valuation increases. The legislation was enacted to provide a clearer framework for property tax calculations in the state.
Bill status
signed
all 5 stages cleared
Introduction
Jan 2024
Committee Review
Apr 2024
House Passage
Apr 2024
Senate Passage
May 2024
Signed into Law
May 2024
Introduced Jan 30, 2024
Signed May 16, 2024
Floor votes · Senate May 8, 2024 · House Apr 9, 2024
How they voted
33–0
Passed · 2 other
Total votes 35
May 8, 2024
D
Democratic8
100% Yea
R
Republican27
92% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
36
Key actions
16
Committee
7
Amendments
6
May 8, 2024
Upper · Passed
Motion to Read a Third Time and Pass as Amended - Adopted Roll Call 1113
upper
May 8, 2024
Upper · Passed
Sessions motion to Adopt - Adopted Roll Call 1112
upper
May 8, 2024
Introduced
Sessions 1st Amendment Offered
upper
May 8, 2024
Upper · Passed
Motion to Read a Third Time and Pass - Adopted Roll Call 1112
upper
Apr 17, 2024
Upper · Passed
Reported Out of Committee Second House
upper
Apr 11, 2024
Upper · Passed
Pending Committee Action in Second House (Finance and Taxation General Fund)
upper
Apr 9, 2024
Lower · Passed
Motion to Read a Third Time and Pass as Amended - Adopted Roll Call 442
lower
Apr 9, 2024
Lower · Passed
Motion to Table - Adopted Roll Call 441
lower
Apr 9, 2024
Introduced
Hill 2nd Amendment Offered
lower
Apr 9, 2024
Lower · Passed
Motion to Table - Adopted Roll Call 440
lower
Apr 9, 2024
Introduced
Hill 1st Amendment Offered
lower
Apr 9, 2024
Lower · Passed
Motion to Adopt - Adopted Roll Call 439
lower
Apr 9, 2024
Introduced
Bolton 1st Amendment Offered
lower
Apr 9, 2024
Lower · Passed
Motion to Adopt - Adopted Roll Call 438
lower
Apr 9, 2024
Introduced
Pettus 1st Amendment Offered
lower
Apr 9, 2024
Lower · Passed
Motion to Adopt - Adopted Roll Call 437
lower
Apr 9, 2024
Introduced
Ways and Means General Fund Engrossed Substitute Offered (Ways and Means General Fund)
lower
Mar 6, 2024
Lower · Passed
Committee Substitute Adopted (Ways and Means General Fund)
lower
Mar 6, 2024
Lower · Passed
Committee Engrossed Substitute Adopted (Ways and Means General Fund)
lower
Mar 6, 2024
Lower · Passed
Committee Amendment Adopted (Ways and Means General Fund)
lower
Mar 6, 2024
Lower · Passed
Reported Out of Committee House of Origin
lower
Feb 6, 2024
Lower · Passed
Pending Committee Action in House of Origin (Ways and Means General Fund)
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Phillip Pettus
RRepublican
Ask Maddy
·
AI policy assistant
Ask Maddy about HB 73
Scope: AL
Hi! I can help you understand HB 73. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline