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GA SR56
Resolution
Status
2/19/2025
Primary Sponsor
Sam Watson
Click for details
AI Summary
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Proposes a constitutional amendment to increase the maximum acreage qualifying for "bona fide conservation use property" tax assessment from 2,000 acres to 4,000 acres per single owner
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Applies to agricultural and timber land that receives preferential property tax treatment based on current use, annual productivity, and real property sales data
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Property owners must enter a covenant to maintain the land in conservation use; breaking the covenant within 10 years triggers recapture of tax savings and potential penalties
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Requires voter ratification through a ballot measure framed as protecting family farmland
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Adopted by the Georgia Senate and amends Article VII, Section I, Paragraph III of the Georgia Constitution
Legislative Description
Bona Fide Conservation Use Property; maximum acreage to qualify for assessment and taxation; increase -CA
Last Action
House Second Readers
2/21/2025