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GA HR1304

Resolution

Status

Introduced

2/27/2020

Primary Sponsor

David Knight

Click for details

Origin

House of Representatives

2019-2020 Regular Session

AI Summary

  • Proposes an amendment to the Georgia Constitution (Article VII, Section I, Paragraph III) to add "qualified affordable building projects" as a separate class of property for ad valorem property tax purposes
  • Allows the General Assembly to establish different tax rates, methods, and assessment dates for qualified affordable building projects, distinct from other property classes
  • Adds this new property category alongside existing separately classified properties: trailers, certain mobile homes, and heavy-duty equipment motor vehicles owned by nonresidents
  • Requires the proposed constitutional amendment to be submitted to Georgia voters for ratification or rejection on a statewide ballot
  • Sponsored by Representative Knight of the 130th District during the 2020 legislative session

Legislative Description

Ad valorem tax; qualified affordable building projects may be classified as a separate class of property and different rates, methods, and assessment dates may be provided for such building projects; provide - CA

Last Action

House Second Readers

3/2/2020

Full Bill Text

No bill text available