A "Current Use" classification is an exemption applied for and granted to owners of property being used for agriculatural purposes; row crop, pasture and/or timber.
For example, real property granted current use with a market value of say: $10,000 per acre will be valued and subsequently taxed at its current use value; say timber: $500 (rates established by the Alabama Department of Revenue Ad Valorem Tax Division) per acre.
Please see Current Use Law, Current Use Recapture and Current Use A.G. Opinions for more details.
Click here for a PDF version of a "Current Use Application".