Alabama Improvement Districts; to limit interest charged on assessments, county tax, and judges of probate to aid in the collection of assessments

Summary

The bill stops improvement‑district boards from charging interest on assessments that is higher than the interest on the bonds used to fund the projects. It also allows a district to ask the county commission to have the county tax assessor, tax collector, and probate judge enforce and collect those assessments, with the collector permitted to keep a 3% collection fee. The changes are intended to make financing fairer and improve collection of district assessments.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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