Under 65 Years of Age Homestead Exemption with Local Option

State

Alabama

Year

2022

Variations in Receipt of Benefit

No Variation in Receipt of Benefits

Benefit Type

Exemption

Benefit

Individuals under 65 years of age are eligible for a $4,000 exemption to the assessed value of a property for state ad valorem taxes. Individuals under 65 years of age are eligible for a $2,000 exemption for the assessed value of a property for county and school district ad valorem taxes. At the local option, they may increase the exemption up to $4,000 in assessed value.

How is Benefit Disbursed

Exemption from assessed value

Eligible Property Type

Residential

Characteristics of Eligible Property

The resident's primary residence and up to 160 acres of residential property is eligible.

Eligibility Criteria

Age

Homeowner

Other Criteria

Description of Eligibility Criteria

The individual must be under 65 years of age, own the property, and a permanent resident.

Local Option in Adoption of Program

Local government is unable to exercise an option

Local Option Regarding Program Features

Local option regarding program features

State Funding for Local Tax Loss

State and local government share the local tax loss

Description of State Funding for Tax Loss

The state covers the cost of the exemption from state property taxes.

Record ID

AL103_RR22

Footnotes

Applications are administered by the counties.

Sources

Ala. Code § 40-9-19 (a) ~ (c) (in effect for 2022)
Alabama Department of Revenue, Homestead Exemptions
[https://revenue.alabama.gov/property-tax/homestead-exemptions/ Accessed 12/08/2023]
View Archived Source

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