GA SB531 | 2019-2020 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 3-0)
Status: Engrossed on June 24 2020 - 50% progression, died in committee
Action: 2020-06-25 - House Second Readers
Pending: House Intragovernmental Coordination Committee
Text: Latest bill text (Engrossed) [PDF]
Status: Engrossed on June 24 2020 - 50% progression, died in committee
Action: 2020-06-25 - House Second Readers
Pending: House Intragovernmental Coordination Committee
Text: Latest bill text (Engrossed) [PDF]
Summary
A BILL to be entitled an Act to provide for a new homestead exemption from City of Atlanta ad valorem taxes for municipal purposes in the amount of $30,000.00 for each resident of the City of Atlanta who holds real property subject to a written lease having an initial term of not less than 99 years with a landlord that is an entity exempt from taxation under Section 501(c)(3) of the federal Internal Revenue Code and who owns all improvements located on the real property; 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 related matters; to provide for compliance with constitutional requirements; to provide for a referendum, effective dates, and automatic repeal; to repeal conflicting laws; and for other purposes.
Title
City of Atlanta; ad valorem taxes for municipal purposes; new homestead exemption; provide
Sponsors
Roll Calls
2020-06-24 - Senate - Senate Vote #719 (Y: 42 N: 1 NV: 9 Abs: 3) [PASS]
History
Date | Chamber | Action |
---|---|---|
2020-06-25 | House | House Second Readers |
2020-06-24 | House | House First Readers |
2020-06-24 | Senate | Senate Passed/Adopted |
2020-06-24 | Senate | Senate Committee Favorably Reported |
2020-06-22 | Senate | Senate Read and Referred |
2020-06-20 | Senate | Senate Hopper |