HB 461 — Revenue and taxation; exempt all real property owned by tax exempt organizations if such real property is used exclusively for the purpose of multiple-family housing
House Second Readers
A BILL to be entitled an Act to amend Part 1 of Article 2 of Chapter 5 of Title 48 of the Official Code of Georgia Annotated, relating to property tax exemptions, so as to exempt all real property owned by tax exempt organizations if such real property is used exclusively for the purpose of multiple-family housing; to provide for a referendum; to provide for effective dates, applicability, and automatic repeal; to provide for compliance with constitutional requirements; to provide for related matters; to repeal conflicting laws; and for other purposes.
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