HB 1185 — Revenue and taxation; statewide homestead exemption from ad valorem taxes when current year assessed value exceeds the inflation rate; provide
Senate Read Second Time
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 tax exemption, so as to provide for a statewide homestead exemption from ad valorem taxes in an amount equal to any amount by which the current year assessed value of a homestead exceeds the inflation rate from the adjusted base year value of such homestead; to provide for definitions; to specify the terms and conditions of the exemption and the procedures relating thereto; to provide for applicability; to provide for approval by local governing authorities; to provide for related matters; to provide for compliance with constitutional requirements; to provide for a referendum, effective dates, and automatic repeal; to provide for contingent repeal; to repeal conflicting laws; and for other purposes.
No records added here yet. This does not establish that none exist.
Media coverage
No records added here yet. This does not establish that none exist.
Documented positions
No records added here yet. This does not establish that none exist.
Amendments
No records added here yet. This does not establish that none exist.
Related bills
No records added here yet. This does not establish that none exist.
Published snapshot. Changes appear after the next publication. Coverage includes public records added to Civic Pulse and may be incomplete. Confirm current information with the original source.