HB 635 — Decatur, City of; ad valorem tax; homestead exemption; increase assessed value
House Date Signed by Governor
A BILL to be entitled an Act to amend an Act providing a homestead exemption from City of Decatur ad valorem taxes for certain residents of said city, approved April 26, 2016 (Ga. L. 2016, p. 3636), so as to increase to $25,000.00 the amount of the assessed value of the homestead for residents of such city who are 62 years of age or older and whose income does not exceed $60,000.00; 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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