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GA SB544
Bill
AI Summary
- Extends the DeKalb County homestead exemption from ad valorem taxes for county purposes for an additional five-year period, covering taxable years 2007 through 2016, exempting the amount by which a homestead's current assessed value exceeds its base year assessed value
- Amends the original exemption act approved on May 5, 2006 (Ga. L. 2006, p. 4636), which was set to expire, by adding five more years of applicability
- Requires approval by referendum during the November 2010 statewide general election, with DeKalb County bearing the expense of the election
- If approved by more than one-half of voters, Section 1 takes effect on January 1, 2011; if not approved or the election is not conducted, the Act is automatically repealed on January 1 following the election date
- Sponsored by Senator Weber of the 40th district and passed the Senate
Legislative Description
DeKalb County Ad Valorem Taxes; extend exemption for another five-year period
Last Action
Effective Date
6/2/2010
Committee Referrals
Intragovernmental Coordination - Local4/14/2010
State and Local Governmental Operations4/13/2010
Full Bill Text
No bill text available