Taxation; to increase the adjusted cap and allow the unremarried widow or widower of certain individuals to claim the homestead exemption

This bill increases the income threshold for Alabama's homestead property tax exemption from $12,000 to $16,000 annually for eligible homeowners aged 65+ or those retired due to permanent disability or blindness. It also extends this exemption to unremarried widows or widowers of qualifying individuals, provided their annual income does not exceed $150,000. The exemption applies to property valued at up to $5,000 in assessed value or 160 acres, subject to standard requirements like deed ownership. These changes directly affect homeowners meeting the new income criteria or surviving spouses of those who previously qualified.