Decatur, City of; ad valorem tax; municipal purposes; provide new homestead exemption
It became law on May 1, 2023.
- Stage
- Became law
- Started in
- House
- Sponsors
- 4
- Latest action
- May 1, 2023
What it does
A BILL to be entitled an Act to provide for a new homestead exemption from City of Decatur ad valorem taxes for municipal purposes in the amount of $40,000.00 for each resident of the City of Decatur who resides upon real property subject to a written lease having an initial term of not less than 99 years with a landlord that is an entity exempt from taxation under Section 501(c)(3) of the federal Internal Revenue Code and who owns all improvements located on the real property; to provide for related matters; to provide for compliance with constitutional requirements; to provide for a referendum, effective dates, and automatic repeal, mandatory execution of election, and judicial remedies…
Where it stands
This bill passed and is now law.
Introduced (Done)
Committee (Done)
Floor (Done)
Law (Done)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
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Where it goes next
Once a bill is decided, the questions are about what is done with it in Georgia.