Bill
Bill > HB711
summary
Introduced
03/09/2023
03/09/2023
In Committee
03/27/2023
03/27/2023
Crossed Over
03/23/2023
03/23/2023
Passed
04/05/2023
04/05/2023
Dead
Signed/Enacted/Adopted
05/03/2023
05/03/2023
Introduced Session
2023-2024 Regular Session
Bill Summary
AN ACT To amend an Act to provide a homestead exemption of $4,000.00 from all county school district ad valorem taxation, except taxes levied to retire bonded indebtedness, which applies to the homestead of each resident of the Gwinnett County school district actually occupied by the owner as a residence and homestead, approved March 24, 1988 (Ga. L. 1988, p. 4199), so as to increase said homestead exemption to $8,000.00; to provide for compliance with constitutional requirements; to provide for a referendum, effective dates, and automatic repeal; to provide for mandatory execution of election and judicial remedies regarding failure to comply; to repeal conflicting laws; and for other purposes.
AI Summary
This bill amends an existing law to increase the homestead exemption from Gwinnett County school district ad valorem (property) taxes for residents of the Gwinnett County school district. Specifically, it increases the homestead exemption from $4,000 to $8,000 of the assessed value of the homestead, starting in the 2025 tax year. The bill requires a referendum to be held in the 2024 general primary election for voters to approve or reject the increased homestead exemption. If approved by voters, the increased exemption would take effect on January 1, 2025. If the referendum is not approved or not held as required, the bill would be automatically repealed.
Committee Categories
Government Affairs
Sponsors (6)
Karen Bennett (D)*,
Jasmine Clark (D)*,
Chuck Efstration (R)*,
Dewey McClain (D)*,
Farooq Mughal (D)*,
Matt Reeves (R)*,
Last Action
Effective Date 2023-05-03 (on 05/03/2023)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.legis.ga.gov/legislation/65211 |
| BillText | https://www.legis.ga.gov/api/legislation/document/20232024/220023 |
| BillText | https://www.legis.ga.gov/api/legislation/document/20232024/217513 |
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