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Bill > HB1070


GA HB1070

Stonecrest, City of; ad valorem tax; provide homestead exemption


summary

Introduced
03/19/2018
In Committee
03/23/2018
Crossed Over
03/23/2018
Passed
Dead
03/29/2018

Introduced Session

2017-2018 Regular Session

Bill Summary

A BILL to be entitled an Act to provide for a homestead exemption from City of Stonecrest ad valorem taxes for municipal purposes in the amount of $10,000.00 of the assessed value of a 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 a referendum, effective dates, and automatic repeal; to repeal conflicting laws; and for other purposes.

AI Summary

This bill proposes to provide a homestead exemption from City of Stonecrest ad valorem taxes for municipal purposes in the amount of $10,000 of the assessed value of a homestead. The exemption would apply to all resident homeowners in the City of Stonecrest, and would need to be claimed and renewed annually. The bill also requires a referendum for voters to approve the exemption, and specifies that the exemption would not apply to state, county, or school district taxes.

Committee Categories

Government Affairs

Sponsors (6)

Last Action

Senate Read and Referred (on 03/23/2018)

bill text


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