HB1481 - Atlanta, City of; ad valorem tax for educational purposes; provide homestead exemption
Park Cannon, Kim Schofield, Betsy Holland
Last updated 6 months ago
6 Co-Sponsors
A BILL to be entitled an Act to provide a homestead exemption from City of Atlanta independent school district ad valorem taxes for educational purposes in an amount equal to the amount by which the current year assessed value of a homestead exceeds the base year assessed value of homesteads in certain designated zip codes; 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 compliance with constitutional requirements; to provide for a referendum, effective dates, automatic repeal, mandatory execution of election, and judicial remedies regarding failure to comply; to provide for related matters; to repeal conflicting laws; and for other purposes.
STATUS
Engrossed