--- type: "Bill" title: "Taxation, to increase the market value threshold amount for which tangible personal property is exempt from state ad valorem taxation" description: "Taxation & Revenue" jurisdiction: "us/states/al" legislature: "Alabama Legislature" session: "2025rs" identifier: "HB 543" citation: "Alabama HB 543 (2025rs)" classification: ["bill"] subjects: ["Taxation & Revenue"] status: "enacted" primary_sponsors: ["Brown (C)"] version_count: 2 action_count: 15 vote_count: 0 first_action: "2025-04-08T04:00:00+00:00" last_action: "2025-05-14T04:00:00+00:00" source: "openstates" source_identifier: "ocd-bill/b035e77c-42df-4496-92c4-97990d5517a4" source_url: "https://alison.legislature.state.al.us/bill-search" source_hash: "5d5389af64dd2177568d7d6f6d51363e631072e4123b300f5793e5a0877e026b" vintage: "2026-07-01" source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump" retrieved_at: "2026-07-06" confidence: "reported" tags: ["legislation", "bill", "us-al"] --- # Alabama HB 543 (2025rs) — Taxation, to increase the market value threshold amount for which tangible personal property is exempt from state ad valorem taxation Taxation & Revenue ## Version chain The bill's text revisions, in order — the diff chain from filing to enrollment. 1. **Introduced** (filed) — [source](https://alison.legislature.state.al.us/files/pdf/SearchableInstruments/2025RS/HB543-int.pdf) 2. **Enrolled** (enrolled) — [source](https://alison.legislature.state.al.us/files/pdf/SearchableInstruments/2025RS/HB543-enr.pdf) ## Sponsors - Brown (C) — primary (person) ## Timeline The legislative action history — every referral, reading, and vote. - **2025-05-14T04:00:00+00:00** Enacted `became-law` - **2025-05-07T04:00:00+00:00** Signature Requested - **2025-05-07T04:00:00+00:00** Enrolled - **2025-05-07T04:00:00+00:00** Ready to Enroll - **2025-05-07T04:00:00+00:00** Motion to Read a Third Time and Pass - Adopted Roll Call 1004 `passage` - **2025-05-06T04:00:00+00:00** Read for the Second Time and placed on the Calendar (Finance and Taxation General Fund) - **2025-05-06T04:00:00+00:00** Reported Out of Committee Second House - **2025-05-01T04:00:00+00:00** Pending Committee Action in Second House (Finance and Taxation General Fund) - **2025-05-01T04:00:00+00:00** Read for the first time and referred to the Senate Committee on Finance and Taxation General Fund `reading-1, referral-committee` - **2025-04-29T04:00:00+00:00** Motion to Read a Third Time and Pass - Adopted Roll Call 1059 `passage` - **2025-04-29T04:00:00+00:00** Third Reading in House of Origin - **2025-04-17T04:00:00+00:00** Read for the Second Time and placed on the Calendar (Ways and Means General Fund) - **2025-04-16T04:00:00+00:00** Reported Out of Committee House of Origin - **2025-04-08T04:00:00+00:00** Pending Committee Action in House of Origin (Ways and Means General Fund) - **2025-04-08T04:00:00+00:00** Read for the first time and referred to the House Committee on Ways and Means General Fund `reading-1, referral-committee` ## Source OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/b035e77c-42df-4496-92c4-97990d5517a4`. Confidence: reported (aggregated from official Alabama legislature records).