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GA SB630
Bill
Status
Engrossed
3/23/2022
Primary Sponsor
John Albers
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AI Summary
- Repeals the existing homestead exemption under Section 6.34 of the City of Milton charter for residents age 65 or older who meet certain income requirements
- Requires a two-thirds majority vote in both the Georgia Senate and House of Representatives to become law, per state constitutional requirements for homestead exemption changes
- Mandates a referendum on the Tuesday following the first Monday in November 2022, allowing City of Milton voters to approve or reject the repeal
- Contingent on a separate act being enacted and approved by referendum in the same period that increases the general homestead exemption for residents age 65 or older from $15,000 to $25,000 on City of Milton ad valorem taxes for municipal purposes
- If the referendum fails or the companion act increasing the general homestead exemption is not approved, the Act automatically repeals on January 1 following the election date
Legislative Description
City of Milton; a homestead exemption for citizens of the City of Milton age 65 years or older meeting certain income requirements; repeal
Last Action
House Second Readers
3/28/2022
Committee Referrals
Intragovernmental Coordination3/25/2022
State and Local Governmental Operations3/18/2022
Full Bill Text
No bill text available