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GA SB343
Bill
Status
Passed
4/26/2016
Primary Sponsor
Elena Parent
Click for details
AI Summary
- Grants residents of the City of Decatur independent school district who are 65 years of age or older a full homestead exemption from the district's ad valorem taxes for educational purposes, excluding taxes to pay interest on and retire bonded indebtedness
- Exemption applies for five years, covering taxable years beginning on or after January 1, 2017, and ending on or before December 30, 2021
- Requires applicants to file an initial application with the City of Decatur governing authority; the exemption automatically renews each year as long as the person continues to occupy the residence as a homestead
- Does not affect state, county, municipal, or county school district ad valorem taxes, and is in addition to any other applicable homestead exemptions
- Subject to approval by voters in the City of Decatur independent school district at the November 2016 general election, with election costs borne by the City of Decatur; automatically repealed if not approved
Legislative Description
Decatur, City of; provide for homestead exemption; independent school district; educational purposes
Last Action
Effective Date
4/26/2016
Full Bill Text
No bill text available