HB 482 - Ad valorem tax exemption; property constituting the inventory of a business; provide
Current Status
05/04/09 - House Date Signed by Governor 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 exemptions from ad valorem taxation, so as to provide that, subject to referendum approval, all tangible personal property constituting the inventory of a business shall be exempt from state ad valorem taxation; to provide for a referendum election with respect to effectiveness; to repeal conflicting laws; and for other purposes.
Votes
Electronically Recorded Votes| Date | Time | Vote No | Yeas | Nays | NV | Exc | Description |
|---|
| 03/12/2009 | 11:19AM | House Vote #214 | 166 | 000 | 006 | 008 | PASS |
| 03/25/2009 | 1:19PM | Senate Vote #265 | 046 | 006 | 001 | 003 | PASSAGE |
Status History
Bill History| Date | Action |
|---|
| 02/18/2009 | House First Readers |
| 02/19/2009 | House Second Readers |
| 03/05/2009 | House Committee Favorably Reported |
| 03/12/2009 | House Third Readers |
| 03/12/2009 | House Passed/Adopted |
| 03/12/2009 | Senate Read and Referred |
| 03/18/2009 | Senate Committee Favorably Reported |
| 03/19/2009 | Senate Read Second Time |
| 03/25/2009 | Senate Third Read |
| 03/25/2009 | Senate Passed/Adopted |
| 04/14/2009 | House Sent to Governor |
| 05/04/2009 | House Date Signed by Governor |
| 05/04/2009 | Act 132 |
| 07/01/2009 | Effective Date |