SB 538 - Ad valorem taxes; provide homestead exemption; full value for certain senior citizens; educational purposes

Committees

Current Status

03/06/08 - Senate Read Second Time

First Reader Summary

A BILL to be entitled an Act to amend Part 1 of Article 2 of Chapter 5 of Title 48 of the Official Code of Georgia Annotated, relating to ad valorem tax exemptions, so as to provide a homestead exemption for the full value of the homestead for certain senior citizens with respect to all ad valorem taxes for educational purposes; to provide for definitions; to specify the terms and conditions of the exemption and the procedures relating thereto; to provide for a referendum; to provide for effective dates; to provide for applicability; to provide for automatic repeal under certain circumstances; to repeal conflicting laws; and for other purposes.

Status History

Bill History
DateAction
03/04/2008Senate Read and Referred
03/05/2008Senate Committee Favorably Reported
03/06/2008Senate Read Second Time