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GA HB1186

Bill

Official Source

Status

Passed

6/4/2010

Primary Sponsor

Jon Burns

Click for details

Origin

House of Representatives

2009-2010 Regular Session

AI Summary

  • Exempts public-private transportation projects (as defined under Code Section 32-2-80) from ad valorem property taxation when the property is owned or leased by the state, a state agency, or another governmental entity, even if developed, operated, or held by a private partner.
  • Classifies such public-private transportation project property as "public property" for purposes of Georgia's existing ad valorem tax exemption for government-owned property.
  • Specifies that property exempt under this provision shall not be classified as a "special franchise" and is not subject to special franchise taxation provisions.
  • Amends Chapter 5 of Title 48 of the Official Code of Georgia Annotated, relating to ad valorem taxation of property.
  • Effective date of January 1, 2011.

Legislative Description

Ad valorem tax exemption; certain public-private transportation projects; provisions

Last Action

Effective Date

1/1/2011

Committee Referrals

Finance3/18/2010
Ways and Means2/17/2010

Full Bill Text

No bill text available