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Ad valorem tax; qualified timberland property; add a definition

It became law on Jul 1, 2021.

GA HB 282 · House Bill · 2021_22

Stage
Became law
Started in
House
Sponsors
5
Latest action
Jul 1, 2021

What it does

A BILL to be entitled an Act to amend Article 13 of Chapter 5 of Title 48 of the Official Code of Georgia Annotated, relating to ad valorem taxation of qualified timberland property, so as to add a definition; to limit the determination of fair market value to a weighted market and income approach to valuation; to revise certain requirements for certification of qualified timberland property; to provide for related matters; to repeal conflicting laws; and for other purposes.

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Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Jul 1, 2021

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

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Where it goes next

Once a bill is decided, the questions are about what is done with it in Georgia.

Work with this bill

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