SB 485 — City of Atlanta; independent school district; homestead exemption; $50,000; applicability; referendum; provide
Senate Date Signed by Governor
A BILL to be entitled an Act to amend an Act providing a homestead exemption from City of Atlanta Independent School District ad valorem taxes for educational purposes in the amount of $15,000.00 of the assessed value of the homestead for residents of that school district, approved May 4, 1992 (Ga. L. 1992, p. 7003), as amended, so as to increase the exemption amount to $50,000.00; to provide for applicability; to provide for a referendum, effective dates, and automatic repeal; to repeal conflicting laws; and for other purposes.
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