The bill amends Section 40-2-45 of the Code of Alabama 1975 to expand the membership of the Alabama Ad Valorem Advisory Committee. The new composition includes two additional members: two taxpayers who have paid taxes in Alabama for at least five years and have settled all tax liabilities. The bill also modifies the language regarding the diversity of the committee's recommendations, ensuring they reflect racial, gender, geographic, urban, rural, and economic diversity, replacing the previous requirement for only racial and geographical diversity.

Additionally, the bill specifies that the committee members will serve one-year terms and are eligible for reappointment based on recommendations from the Association of Alabama Tax Administrators. The committee is required to meet at least four times a year and will provide formal recommendations to the Commissioner of the Alabama Department of Revenue, who must respond appropriately. The act is set to take effect on October 1, 2025.

Statutes affected:
Introduced: 40-2-45
Enrolled: 40-2-45