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GA HB364

Bill

Status

Passed

4/26/2016

Primary Sponsor

David Knight

Click for details

Origin

House of Representatives

2015-2016 Regular Session

AI Summary

  • Commissioner of Revenue may examine county tax digests on his or her own initiative or upon taxpayer complaint and shall strike properties that are illegally listed and not subject to ad valorem taxation, returning the digest to the county for correction and resubmission
  • County boards of tax assessors may appeal the commissioner's determination of nontaxability through procedures established by rule and regulation; the commissioner will issue a final order on the taxability of disputed items
  • If a property previously found nontaxable reappears on a county digest within five years and is again determined nontaxable, the county's qualified local government status shall be revoked for three years, and the county governing authority is authorized to immediately remove and replace all members of the board of tax assessors
  • Taxpayers whose nontaxable property appeared on a county digest within the preceding five years may petition the Georgia Tax Tribunal for a refund of illegally collected taxes, plus interest at the federal bank prime loan rate plus 3%, and attorney's fees of 15–40% of the total taxes and accrued interest
  • The Georgia Tax Tribunal is granted jurisdiction over refund petitions filed under Code Section 48-5-342; the act became effective July 1, 2016

Legislative Description

Real estate transfer tax; change certain provisions

Last Action

Effective Date

7/1/2016

Full Bill Text

No bill text available