The proposed bill seeks to amend the Constitution of Alabama to allow for the levy and collection of an additional ad valorem tax specifically for public school purposes in Autauga County. This new tax would be set at seventy cents ($0.70) per one hundred dollars ($100) of taxable property, amounting to 7 mills. The bill stipulates that this special school ad valorem tax will not reduce the existing tax rates established under Section 269.08 of the constitution, ensuring that the current tax structure remains intact. If approved by a majority of voters in Autauga County, the tax will be implemented starting from the ad valorem tax year commencing on October 1, 2024, with collections beginning on October 1, 2025.

The proceeds from this additional tax will be collected by the Revenue Commissioner of Autauga County and directed to the Autauga County Board of Education for various public school purposes. These purposes may include any lawful expenditures by the Board and can also be used to support any existing debts or obligations of the Board. The bill is designed to be self-executing, meaning no further legislation is required for its implementation once ratified. The election to approve this amendment will follow the established election laws of Alabama, and the proposed amendment will be included on the ballot for voters to decide.