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Alabama lawmakers OK tax assessment cap as house values continue rising

'...Senate voted 30-3 on Wednesday on legislation that caps increases in assessed values on residential and commercial property to 7% of the assessed value from the prior year. ...'

Reference: www.al.com
Tags: Madison County Alabama Property Taxes Increasing Wildly, Bankrupting Alabamians Through Taxes,Alabama Taxes, Worst States for Rising Property Taxes,

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