HB671 - Sugar Hill, City of; ad valorem tax; increase homestead exemption to $10,000.00

3 Co-Sponsors

A BILL to be entitled an Act to amend an Act providing a homestead exemption from all City of Sugar Hill ad valorem taxes for any city purposes in the amount of $2,000.00 of the assessed value of the homestead for residents of said city who are 65 years of age or over, approved March 25, 1994 (Ga. L. 1994, p. 4194), so as to increase the exemption from $2,000.00 to $10,000.00; 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.