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GA HB238

GA HB238
Ad valorem tax; use of property for solar power generation; provide exception to a breach of covenants


summary

Introduced
02/02/2017
In Committee
03/16/2017
Crossed Over
02/22/2017
Passed
04/03/2017
Dead
Signed/Enacted/Adopted
04/17/2017

Introduced Session

2017-2018 Regular Session

Bill Summary

A BILL to be entitled an Act to amend Article 1 of Chapter 5 of Title 48 of the Official Code of Georgia Annotated, relating to general provisions regarding ad valorem taxation of property, so as to provide an exception to a breach of the covenants for use of the property for solar power generation; to provide for related matters; to repeal conflicting laws; and for other purposes.

AI Summary

This bill amends the Official Code of Georgia Annotated to provide an exception to a breach of covenants for the use of property for solar power generation. Specifically, the bill allows part of the property subject to a conservation use or forest land protection covenant to be used for solar power generation and the sale of such energy. The property used for solar power generation would be removed from the existing covenant and subject to ad valorem taxation at fair market value.

Sponsors (7)

Last Action

Effective Date (on 04/17/2017)

bill text


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