07 LC 38
0391
House
Bill 822
By:
Representative Freeman of the
140th
A
BILL TO BE ENTITLED
AN ACT
AN ACT
To
amend Chapter 3 of Title 53 of the Official Code of Georgia Annotated, relating
to year´s support, so as to provide for certain tax exemptions related to
year´s support; to repeal conflicting laws; and for other
purposes.
BE
IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:
SECTION
1.
Chapter
3 of Title 53 of the Official Code of Georgia Annotated, relating to year´s
support, is amended by revising Code Section 53-3-4, relating taxes and tax
liens, as follows:
"53-3-4.
In
solvent and insolvent estates, all taxes and liens for taxes accrued for years
prior to the year of the decedent´s death against the real property set
apart and against any equity of redemption applicable to the real property set
apart shall be divested as if the entire title were included in the year´s
support. Additionally, as elected in the petition, property taxes
and ad valorem
taxes relating to motor vehicles accrued
in the year of the decedent´s death or in the year in which the petition
for year´s support is filed or, if the petition is filed in the year of the
decedent´s death, in the year following the filing of the petition, shall
be divested if the real property is set apart for year´s
support."
SECTION
2.
All
laws and parts of laws in conflict with this Act are repealed.