HB 632 — Decatur, City of; ad valorem tax; municipal purposes; modify homestead exemption
House Date Signed by Governor
A BILL to be entitled an Act to amend an Act providing a homestead exemption from certain City of Decatur ad valorem taxes, approved April 19, 2000 (Ga. L. 2000, p. 4285), as amended, particularly by an Act approved April 26, 2016 (Ga. L. 2016, p. 3627), so as to modify the amount of a homestead exemption from City of Decatur ad valorem taxes for municipal purposes except for ad valorem taxes levied to pay interest on and to retire municipal bonded indebtedness in the amount of $40,000.00 of the assessed value of the homestead for residents of that city; to provide for applicability; to provide for compliance with constitutional requirements; to provide for a referendum, effective dates, automatic repeal, mandatory execution of election, and judicial remedies regarding failure to comply; to repeal conflicting laws; and for other purposes.
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