Lawrence County; senior property tax exemption authorized; constitutional amendment

HB 421 proposes a constitutional amendment for Lawrence County that would allow residents aged 65 or older to freeze their property tax assessed value on their primary residence. To qualify, individuals must own the home as their principal residence for at least five years and claim the exemption in writing with the county revenue commissioner between October 1 and December 31, starting October 1, 2027. The exemption freezes the property’s assessed value at the prior year’s level but does not affect homestead exemptions, millage rate changes, or taxes on future property additions. This amendment requires voter approval to become part of Alabama’s constitution.