Loading chat...

GA HB1453

Bill

Status

Passed

6/2/2010

Primary Sponsor

Stephen Allison

Click for details

Origin

House of Representatives

2009-2010 Regular Session

AI Summary

  • Grants City of Hiawassee residents a homestead exemption of $8,000 from the assessed value of their homestead for municipal ad valorem taxes, including taxes levied to retire municipal bonded indebtedness
  • Requires residents to file an initial application with the city governing authority; the exemption automatically renews each year as long as the applicant continues to occupy the residence as a homestead
  • Does not affect state, county, or school district ad valorem taxes, and is in addition to any other homestead exemptions applicable to City of Hiawassee municipal taxes
  • Requires approval by a majority of City of Hiawassee voters in a referendum held on the date of the general primary, with the election publicized for two weeks in the official organ of Towns County
  • If approved by voters, the exemption applies to all taxable years beginning on or after January 1, 2011; if not approved, the Act is automatically repealed on January 1 following the election

Legislative Description

Hiawassee, City of; municipal purposes; ad valorem tax; homestead exemption

Last Action

Effective Date

6/2/2010

Committee Referrals

State and Local Governmental Operations3/31/2010
Intragovernmental Coordination - Local3/24/2010

Full Bill Text

No bill text available