Bill Summary

SB 550 Prohibition on Levying Ad Valorem Taxes on Tangible Personal Property (2026 Session)
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Sponsors
by Bernard Co Sponsors: Yarborough
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Summary
Prohibition on Levying Ad Valorem Taxes on Tangible Personal Property; Proposing amendments to the State Constitution to prohibit levying ad valorem taxes on tangible personal property by counties, school districts, and municipalities and to provide an effective date, etc.
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committees of reference
» S Finance and Tax
   S Appropriations
   S Rules
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Actions
11/18/25
SENATE
Filed
12/09/25
SENATE
Referred to Finance and Tax; Appropriations; Rules
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bill text & filed amendments
0550
Filed on 11/18/25
PDF
No amendments to this bill text filed.
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Statute Citations
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