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GA HB1031

Bill

Status

Engrossed

2/29/2024

Primary Sponsor

Dale Washburn

Click for details

Origin

House of Representatives

2023-2024 Regular Session

AI Summary

  • Every parcel in a county must be reappraised at least once every three years by the chief appraiser
  • Annual assessment notices must include the current year's estimated roll-back rate and will no longer include estimates of current year's taxes based on prior year millage rates
  • Property tax bills must include a bold-print notice identifying any taxing authority whose adopted millage rate exceeds the estimated roll-back rate, warning taxpayers of a resulting increase in property taxes owed
  • The two-year freeze on property valuations following a successful appeal now applies only when the value is reduced (not when it is unchanged) from the initial assessment notice
  • County boards of tax assessors are granted the right to appeal equalized adjusted property tax digest decisions to the state auditor and, subsequently, to superior court, with a $25.00 filing fee and specified procedural requirements

Legislative Description

Ad valorem tax; property; provide mandatory reappraisal of parcels

Last Action

Senate Read and Referred

3/4/2024

Committee Referrals

Finance3/4/2024
Ways and Means1/25/2024

Full Bill Text

No bill text available