|HB 551 - Homestead exemption; cert waivers; applicable until properly filed|
First Reader Summary
A BILL to amend Code Section 48-5-45 of the Official Code of
Georgia Annotated, relating to applications for homestead
exemptions, so as to provide for conditions under which such
exemptions shall be wholly or partially waived for a taxable
year; and for other purposes.
Page Numbers -
||Read 1st Time
||Read 2nd Time
HB 551 LC 18 8116S
A BILL TO BE ENTITLED
1- 1 To amend Code Section 48-5-45 of the Official Code of
1- 2 Georgia Annotated, relating to applications for homestead
1- 3 exemptions, so as to provide for conditions under which such
1- 4 exemptions shall be wholly or partially waived for a taxable
1- 5 year; to provide an effective date; to provide for
1- 6 applicability; to repeal conflicting laws; and for other
1- 7 purposes.
1- 8 BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:
1- 9 SECTION 1.
1-10 Code Section 48-5-45 of the Official Code of Georgia
1-11 Annotated, relating to applications for homestead
1-12 exemptions, is amended by striking subsection (a) and
1-13 inserting in its place a new subsection (a) to read as
1-15 "(a) An applicant seeking a homestead exemption as
1-16 provided in Code Section 48-5-44 shall file on or before
1-17 the closing date for the return of ad valorem taxes for
1-18 the county in which such applicant resides as provided in
1-19 Code Section 48-5-18 and, in the case of an exemption from
1-20 taxes levied by a consolidated city-county government, on
1-21 or before the closing date for the return of ad valorem
1-22 taxes for the county in which such applicant resides as
1-23 provided in Code Section 48-5-18 of the year in which
1-24 exemption from taxation is sought a written application
1-25 and schedule with the tax receiver or tax commissioner
1-26 charged with the duty of receiving returns of property for
1-27 taxation. The failure to file properly the application
1-28 and schedule shall constitute a waiver of the homestead
1-29 exemption on the part of the applicant failing to make the
1-30 application for such exemption for that year until the
1-31 first day of the month following the month such
1-32 application and schedule are filed properly with the
1-33 county tax assessor; provided, however, that unless the
1-34 application and schedule are filed on or before June 1 of
2- 1 such year, the exemption shall be waived for that entire
2- 2 year."
2- 3 SECTION 2.
2- 4 This Act shall become effective on January 1, 1998, and
2- 5 shall be applicable to all taxable years beginning on or
2- 6 after January 1, 1998.
2- 7 SECTION 3.
2- 8 All laws and parts of laws in conflict with this Act are
2- 9 repealed.
Clerk of the House
Robert E. Rivers, Jr., Clerk
Last Updated on 04/20/98