08 LC 18
7088
House
Bill 1180
By:
Representatives Hill of the
21st,
Jerguson of the
22nd,
Hamilton of the
23rd,
and Byrd of the
20th
A
BILL TO BE ENTITLED
AN ACT
AN ACT
To
amend Code Section 48-3-3 of the Official Code of Georgia Annotated, relating to
executions by tax collectors and tax commissioners, so as to change certain
provisions regarding the payment of interest or penalties; to provide an
effective date; to repeal conflicting laws; and for other purposes.
BE
IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:
SECTION
1.
Code
Section 48-3-3 of the Official Code of Georgia Annotated, relating to executions
by tax collectors and tax commissioners, is amended by revising paragraph (2) of
subsection (e) as follows:
"(2)
A new purchaser of property shall not be required to pay the interest specified
in Code Section 48-2-40, or the penalty specified in
either
Code Section 48-2-44
or Code
Section 48-5-24, until 60 days after the
tax collector or tax commissioner has forwarded a tax bill to the new purchaser
in accordance with paragraph (1) of this subsection. This paragraph shall apply
only to the tax bill applicable to the year in which the property was
purchased."
SECTION
2.
This
Act shall become effective upon its approval by the Governor or upon its
becoming law without such approval.
SECTION
3.
All
laws and parts of laws in conflict with this Act are repealed.