GA HB1177 | 2023-2024 | Regular Session
Status
Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on February 7 2024 - 25% progression
Action: 2024-02-09 - House Second Readers
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 7 2024 - 25% progression
Action: 2024-02-09 - House Second Readers
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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 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 and referenda; 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.
Title
Revenue and taxation; statewide homestead exemption from ad valorem taxes when current year assessed value exceeds base year value; provide
Sponsors
History
Date | Chamber | Action |
---|---|---|
2024-02-09 | House | House Second Readers |
2024-02-08 | House | House First Readers |
2024-02-07 | House | House Hopper |
Georgia State Sources
Type | Source |
---|---|
Summary | https://www.legis.ga.gov/legislation/66772 |
Text | https://www.legis.ga.gov/api/legislation/document/20232024/223188 |