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GA HB634

Bill

Status

Passed

5/1/2012

Primary Sponsor

David Casas

Click for details

Origin

House of Representatives

2011-2012 Regular Session

AI Summary

  • Updates population bracket references in Georgia's ad valorem property tax code (Chapter 5, Title 48) from the 2000 U.S. decennial census to the 2010 census to ensure the same counties remain covered by specific tax provisions
  • Adjusts the population range for counties with two-installment tax payment schedules (July 1 and October 1 due dates) from 625,000–700,000 to 690,000–800,000, with penalties up to 5% for delinquent installments
  • Raises the population threshold for counties subject to special delinquent tax interest rate provisions from 800,000 to 900,000, applicable to counties and municipalities of 350,000+ lying within them
  • Changes the population bracket for counties with August 15 tax due dates and October 15 delinquency deadlines from 595,000–660,000 to 680,000–690,000, retaining a 5% penalty for late payment
  • Updates the population range for a homestead-related definition (leaseholder property tax provision) from 19,200–19,750 to 23,500–23,675, effective July 1, 2012

Legislative Description

Ad valorem tax; population brackets and census; change provisions

Last Action

Effective Date

7/1/2012

Committee Referrals

Finance2/22/2012
Ways and Means4/11/2011

Full Bill Text

No bill text available