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GA SR56

Resolution

Status

Passed

2/19/2025

Primary Sponsor

Sam Watson

Click for details

Origin

Senate

2025-2026 Regular Session

AI Summary

  • 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

  • Applies to agricultural and timber land that receives preferential property tax treatment based on current use, annual productivity, and real property sales data

  • 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

  • Requires voter ratification through a ballot measure framed as protecting family farmland

  • 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

Committee Referrals

Ways and Means2/20/2025
Finance1/29/2025

Full Bill Text

No bill text available