GA SB364 | 2023-2024 | Regular Session

Status

Spectrum: Partisan Bill (Republican 5-0)
Status: Introduced on January 22 2024 - 25% progression
Action: 2024-01-23 - Senate Read and Referred
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

A BILL to be entitled an Act to amend Chapter 5 of Title 48 of the O.C.G.A., relating to ad valorem taxation of property, so as to provide for a statewide homestead exemption from ad valorem taxes in an amount equal to any amount by which the current year assessed value of a homestead exceeds the lesser of 3 percent or the inflation rate from the adjusted base year value of such homestead; to provide for related matters; to repeal conflicting laws; and for other purposes.

Tracking Information

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Title

"Property Tax Relief Act of 2024"; enact

Sponsors


History

DateChamberAction
2024-01-23SenateSenate Read and Referred
2024-01-22SenateSenate Hopper

Georgia State Sources


Bill Comments

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