THE ALABAMA TAX REFORM DECISION:
what you need to know and where to find it.
A Message from Alabama State Bar President Bill Clark
Information on Income Tax, Property Tax, and State Tax Changes available here.
Download the complete Alabama Tax Reform Decision brochure here.
Link to a general summary of Governor Riley's Plan.
Scroll down for other links that contain information on the proposed Accountability and Tax Reform Plan.
FACTS YOU MIGHT NOT KNOW . . .
•Seniors (over 65) will pay no state property tax on their homes.
•Social Security is tax exempt under the plan.
•The plan raises the filing threshold for a family
of four from $4,600 to nearly $20,000 -phased-in over four years. Next year the threshold will be $17,000.
•Sales and lease tax rates on cars will be increased .5% to 1.5%.
• Eliminates federal income tax deductions.
• About 88% of Alabamians will pay the same or lower state income taxes when federal tax changes are taken into account.
• Nearly 70% of family farms will pay little or no increase in their state property taxes.
•Alabama's property taxes will still be lower than all of our surrounding states.
NEW INITIATIVES
• School Administration Accountability
• Expansion of Alabama Reading Initiative
•Expansion of Alabama Math, Science and Technology Initiative
•College Scholarship Program
•Incentive Pay for Educators
•Homestead Exemption Raised to $50,000
•Farmstead Exemptions Created for Under 200 acres
SUMMARY OF PARTS OF PLAN ACCOUNTABILITY
•"Pass Through Pork" Prohibited
•Health Insurance Cost Sharing by State Employees
•School Fiscal Management
• Tenure Reform
•Teacher Institutes
•Local School Board Trained in Finance
•School Administration Accountability
THE FOLLOWING WEB SITES OR LINKS* CONTAIN INFORMATION ON THE PROPOSED ACCOUNTABILITY AND TAX REFORM PLAN:
www.governorpress.state.al. us/pr/pr-2003-05-20-01-gr-intro-detail.asp
(Sponsored by the
Governor's Office)
www.governorpress.state.al. us/pr/pr-2003-
05-20-02-gr-reaction.asp
(Reactions from around the state)
www.montgomerychamber.com/news
(Montgomery Area Chamber of Commerce)
www.alabamaforestowners.com/news/
n030607a.htm
(Mobile County Landowners Association Board of Directors)
www.alabamataxwatch.homestead.com
(Alabama Tax Watch)
www.alarise.org
(Alabama Arise: the
Conscience of Alabama)
www.alavoices.org/pdf/Governor's_
Proposal-Ed_Gentile.pdf
(Alabama Voices)
www.alfafarmers.org/leg _newsletter
(ALFA)
www.aplusala.org/libr/ ednews/2003/en03-
jul9.asp
(A+ Education News in Alabama)
www.arisecitizens.org/052803.pdf
(Arise
Citizens)
www.campaignforalabama.com/informed.
htm
(Campaign for Alabama)
www.cse.org/alabama/index.php
(Citizens for a Sound Economy)
www.ethicsdaily.com/article_detail.cfm?
AID=2677
(EthicsDaily.com) Christian based.
www.tsum.edu/HEP/news/061703.htm
(TSUM: Educators support Governor's Plan)
www.votenosept9.com/reagan.php
(Citizens
for a Sound Economy)
www.abetteralabama.org/contact.cfm
(Alabama Partnership for Progress)
* The Alabama State Bar is not responsible for information on
these sites/links and does not necessarily endorse their content.
This public service brochure is provided as an informational resource by the Alabama State Bar.
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