Bill Text: GA HB633 | 2009-2010 | Regular Session | Introduced
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Alpharetta, City of; ad valorem taxes; municipal purposes; increase homestead exemption
Spectrum: Partisan Bill (Republican 2-0)
Status: (Passed) 2009-05-11 - Effective Date [HB633 Detail]
Download: Georgia-2009-HB633-Introduced.html
Bill Title: Alpharetta, City of; ad valorem taxes; municipal purposes; increase homestead exemption
Spectrum: Partisan Bill (Republican 2-0)
Status: (Passed) 2009-05-11 - Effective Date [HB633 Detail]
Download: Georgia-2009-HB633-Introduced.html
09 LC 18
8164
House
Bill 633
By:
Representatives Martin of the
47th
and Jones of the
46th
A
BILL TO BE ENTITLED
AN ACT
AN ACT
To
amend an Act to provide for an additional $10,000.00 homestead exemption from
certain City of Alpharetta ad valorem taxes for municipal purposes, approved
April 23, 1999 (Ga. L.1999, p. 4836), as amended, so as to increase the
exemption amount from $30,000.00 to $40,000.00 over a two-year phase-in period;
to provide for a referendum, effective dates, and automatic repeal under certain
circumstances; to repeal conflicting laws; and for other purposes.
BE
IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:
SECTION
1.
An
Act to provide for an additional $10,000.00 homestead exemption from certain
City of Alpharetta ad valorem taxes for municipal purposes, approved April 23,
1999 (Ga. L. 1999, p. 4836), as amended, is amended by revising subsection (b)
of Section 1 to read as follows:
"(b)(1)
Each resident of the City of Alpharetta is granted an exemption on that person's
homestead from all City of Alpharetta ad valorem taxes for municipal purposes as
follows:
(A)
For the taxable year beginning on or after January 1, 2010, and prior to
January 1, 2011, in the amount of $35,000.00 of the assessed value of
that homestead; and
(B)
For all taxable years beginning on or after January 1, 2011, in the amount of
$40,000.00 of the assessed value of that homestead.
(2)
The value of the homestead in excess of any exemption granted therefor shall
remain subject to ad valorem taxation."
SECTION
2.
Unless
prohibited by the federal Voting Rights Act of 1965, as amended, the election
superintendent of the City of Alpharetta shall call and conduct an election as
provided in this section for the purpose of submitting this Act to the electors
of the City of Alpharetta for approval or rejection. The election superintendent
shall conduct that election on the date of the state-wide general election on
November 3, 2009, and shall issue the call and conduct that election as provided
by general law. The superintendent shall cause the date and purpose of the
election to be published once a week for two weeks immediately preceding the
date thereof in the official organ of Fulton County. The ballot shall have
written or printed thereon the words:
"( ) YES
( ) NO
|
Shall
the Act be approved which increases the homestead exemption from all City of
Alpharetta ad valorem taxes for municipal purposes for residents of the City of
Alpharetta from $30,000.00 to $40,000.00 after a two-year phase-in
period?"
|
All
persons desiring to vote for approval of the Act shall vote "Yes" and all
persons desiring to vote for rejection of the Act shall vote "No." If more than
one-half of the votes cast on such question are for approval of the Act, then
Section 1 of this Act shall become of full force and effect on January 1, 2009,
and shall be applicable to all taxable years beginning on or after January 1,
2010. If Section 1 of this Act is not so approved or if the election is not
conducted as provided in this section, Section 1 of this Act shall not become
effective and this Act shall be automatically repealed on the first day of
January immediately following that election date. The expense of such election
shall be borne by the City of Alpharetta. It shall be the superintendent's duty
to certify the result thereof to the Secretary of State.
SECTION
3.
Except
as otherwise specified in Section 2 of this Act, this Act shall become effective
upon its approval by the Governor or upon its becoming law without such
approval.
SECTION
4.
All
laws and parts of laws in conflict with this Act are repealed.