Peachtree City, City of; ad valorem tax for municipal purposes; homestead exemption; increase income cap
It became law on May 13, 2025.
- Stage
- Became law
- Started in
- House
- Sponsors
- 4
- Latest action
- May 13, 2025
What it does
A BILL to be entitled an Act to amend an Act to provide for a homestead exemption from City of Peachtree City ad valorem taxes for municipal purposes in the amount of $5,000.00 of the assessed value of the homestead for residents of that city who are 65 years of age or over and whose income does not exceed $30,000.00, approved May 5, 2005 (Ga. L. 2005, p. 3719), so as to increase the income cap related to qualifying for such exemption to $60,000.00; to increase the value of the exemption to $30,000.00 of the assessed value; to provide for compliance with constitutional requirements; to provide for a referendum, effective dates, and automatic repeal; to provide for mandatory execution of…
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.
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Where it goes next
Once a bill is decided, the questions are about what is done with it in Georgia.