Bill > SB141

This bill modifies several sections of Georgia's tax code by extending various appeal, protest, and notification periods from 30 to 45 days across multiple tax-related processes. Specifically, the bill changes the time frames for taxpayers to file refund claims, contest tax assessments, appeal commissioner decisions, and respond to tax notices. The bill also introduces a provision allowing counties to extend preferential tax assessments for rehabilitated and landmark historic properties by up to an additional 12 years for income-producing real estate. Additionally, the bill clarifies language around federal income tax adjustments, including defining "final determination date" more precisely to cover scenarios like amended federal returns or administrative adjustment requests. The changes aim to provide taxpayers with more time to respond to tax-related matters and offer flexibility for historic property tax classifications. The bill will become effective on July 1, 2025, and will repeal any conflicting existing laws, thereby updating and streamlining various administrative tax procedures in the Georgia Code.

Budget and Finance

https://www.legis.ga.gov/legislation/70175