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GA HB1320
Bill
Status
Engrossed
3/16/2010
Primary Sponsor
Jill Chambers
Click for details
AI Summary
- Eliminates the automatic sunset provision on a DeKalb County homestead exemption that shields homeowners from ad valorem tax increases by exempting the difference between the current year assessed value and the base year assessed value of a homestead
- The original exemption, approved May 5, 2006, was set to expire after taxable year 2011; this bill removes that expiration so the exemption continues indefinitely
- Requires a referendum on the November 2010 statewide general election ballot, where DeKalb County voters must approve the change by a majority vote
- If approved by voters, the elimination of the sunset takes effect January 1, 2011, applying to all taxable years beginning on or after that date
- If voters reject the measure or the election is not held, the Act automatically repeals on January 1 following the election date, with all election costs borne by DeKalb County
Legislative Description
DeKalb County; ad valorem tax; provide homestead exemption
Last Action
Senate Read and Referred
3/17/2010
Committee Referrals
State and Local Governmental Operations3/17/2010
Intragovernmental Coordination - Local3/9/2010
Full Bill Text
No bill text available