State Codes and Statutes
Statutes > Alabama > Title40 > Chapter8 > 40-8-2Section 40-8-2
Rate of taxation - Established.
The rate of taxation for state purposes shall be sixty-five one-hundredths of one percent per annum on the assessed value of the taxable property within this state.
(Acts 1935, No. 194, p. 256; Code 1940, T. 51, §18.)