GA HB1185 | 2023-2024 | Regular Session
Status
Spectrum: Moderate Partisan Bill (Republican 5-1)
Status: Engrossed on February 27 2024 - 50% progression
Action: 2024-03-14 - Senate Read Second Time
Text: Latest bill text (Comm Sub) [PDF]
Status: Engrossed on February 27 2024 - 50% progression
Action: 2024-03-14 - Senate Read Second Time
Text: Latest bill text (Comm Sub) [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 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.
Title
Revenue and taxation; statewide homestead exemption from ad valorem taxes when current year assessed value exceeds the inflation rate; provide
Sponsors
Rep. Beth Camp [R] | Rep. Dale Washburn [R] | Rep. Spencer Frye [D] | Rep. Charles Martin [R] |
Rep. Shaw Blackmon [R] | Sen. Chuck Hufstetler [R] |
Roll Calls
2024-02-27 - House - Passage: House Vote #577 (Y: 169 N: 0 NV: 6 Abs: 3) [PASS]
History
Date | Chamber | Action |
---|---|---|
2024-03-14 | Senate | Senate Read Second Time |
2024-03-13 | Senate | Senate Committee Favorably Reported By Substitute |
2024-02-29 | Senate | Senate Read and Referred |
2024-02-27 | House | House Passed/Adopted By Substitute |
2024-02-27 | House | House Third Readers |
2024-02-21 | House | House Committee Favorably Reported By Substitute |
2024-02-09 | House | House Second Readers |
2024-02-08 | House | House First Readers |
2024-02-07 | House | House Hopper |