HB 1332 — Jackson County; school district ad valorem tax; certain residents; provide homestead exemption
A BILL to be entitled an Act to amend an Act providing a homestead exemption from Jackson County school district ad valorem taxes for educational purposes in the amount of $10,000.00 of the assessed value of the homestead for certain residents of that school district who are 62 years of age or over and an additional homestead exemption in the amount of $20,000.00 of the assessed value of the homestead for certain residents of that school district who are 65 years of age or over and whose net income, excluding certain retirement income, does not exceed $18,000.00, approved March 24, 1994 (Ga. L. 1994, p. 3758), as amended, particularly by an Act approved April 30, 2002 (Ga. L. 2002, p. 4358), so as to provide for an additional $40,000.00 exemption for persons who are 65 years of age or over; to provide that both exemptions shall be subject to a net income limitation of $18,000.00 not including retirement income; to provide for a referendum, effective dates, and automatic repeal; to repeal conflicting laws; and for other purposes.
House Date Signed by Governor