HB491 is a bill that makes changes to the process of appealing property tax assessments in Alabama. The bill establishes specific deadlines for determining property values for tax purposes and requires taxpayers to file notice and a bond when appealing their assessment. It also outlines the process for appealing a property tax assessment and establishes procedures for refunding erroneously paid taxes.

The bill also makes changes to the process of property assessment and valuation. It requires assessing officials to enter taxpayer information in separate columns on the assessment list and notifies taxpayers of any changes to their assessment. It also provides taxpayers with the right to file objections to assessed valuations and to have their property assessment reopened if they can prove they did not receive notice of an increase. The bill also addresses the payment of postage expenses related to these provisions. The Department of Revenue is authorized to adopt rules for the implementation and administration of this act.

Statutes affected:
Introduced: 40-2-18, 40-3-21, 40-3-25, 40-7-25
Enrolled: 40-2-18, 40-3-21, 40-3-25, 40-7-25