08 LC 29
3238/AP
House
Bill 1332 (AS PASSED HOUSE AND SENATE)
By:
Representatives Benton of the
31st
and McCall of the
30th
A
BILL TO BE ENTITLED
AN ACT
AN ACT
To
amend an Act providing a homestead exemption from Jackson County school district
ad valorem taxes for educational purposes in the amount of $10,000.00 of the
assessed value of the homestead for certain residents of that school district
who are 62 years of age or over and an additional homestead exemption in the
amount of $20,000.00 of the assessed value of the homestead for certain
residents of that school district who are 65 years of age or over and whose net
income, excluding certain retirement income, does not exceed $18,000.00,
approved March 24, 1994 (Ga. L. 1994, p. 3758), as amended, particularly by an
Act approved April 30, 2002 (Ga. L. 2002, p. 4358), so as to provide for an
additional $40,000.00 exemption for persons who are 65 years of age or over; to
provide that both exemptions shall be subject to a net income limitation of
$18,000.00 not including retirement income; to provide for a referendum,
effective dates, and automatic repeal; to repeal conflicting laws; and for other
purposes.
BE
IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:
SECTION
1.
An
Act providing a homestead exemption from Jackson County school district ad
valorem taxes for educational purposes in the amount of $10,000.00 of the
assessed value of the homestead for certain residents of that school district
who are 62 years of age or over and an additional homestead exemption in the
amount of $20,000.00 of the assessed value of the homestead for certain
residents of that school district who are 65 years of age or over and whose net
income, excluding certain retirement income, does not exceed $18,000.00,
approved March 24, 1994 (Ga. L. 1994, p. 3758), as amended, particularly by an
Act approved April 30, 2002 (Ga. L. 2002, p. 4358), is amended by revising
subsection (b) of Section 2 as follows:
"(b)
In addition to the exemption provided for in subsection (a) of this section,
each resident of the Jackson County school district who is 65 years of age or
over on or before January 1 of the year in which application for the exemption
under this subsection is made is granted an exemption on that person´s
homestead from all Jackson County school district ad valorem taxes for
educational purposes in the amount of $40,000.00 of the assessed value of that
homestead."
SECTION
2.
Unless
prohibited by the federal Voting Rights Act of 1965, as amended, the election
superintendent of Jackson County shall call and conduct an election as provided
in this section for the purpose of submitting this Act to the electors of the
Jackson County school district for approval or rejection. The election
superintendent shall conduct that election on the date of the November, 2008,
state-wide general election and shall issue the call and conduct that election
as provided by general law. The superintendent shall cause the date and purpose
of the election to be published once a week for two weeks immediately preceding
the date thereof in the official organ of Jackson County. The ballot shall have
written or printed thereon the words:
|
"( ) YES
( ) NO
|
Shall
the Act be approved which amends the current homestead exemption from Jackson
County school district ad valorem taxes for educational purposes for persons who
are 65 years of age or over and whose net income, excluding certain retirement
income, does not exceed $18,000.00, by increasing the exemption amount from
$20,000.00 to $40,000.00?"
|
All
persons desiring to vote for approval of the Act shall vote "Yes," and all
persons desiring to vote for rejection of the Act shall vote "No." If more than
one-half of the votes cast on such question are for approval of the Act, Section
1 of this Act shall become of full force and effect on January 1, 2009, and
shall be applicable to all taxable years beginning on or after January 1, 2009.
If the Act is not so approved or if the election is not conducted as provided in
this section, Section 1 of this Act shall not become effective and this Act
shall be automatically repealed on the first day of January immediately
following that election date. The expense of such election shall be borne by
Jackson County. It shall be the election superintendent´s duty to certify
the result thereof to the Secretary of State.
SECTION
3.
Except
as otherwise provided in Section 2 of this Act, this Act shall become effective
upon its approval by the Governor or upon its becoming law without such
approval.
SECTION
4.
All
laws and parts of laws in conflict with this Act are repealed.