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Georgia General Assembly > Legislation
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2003-2004 Regular Session - SB 99
Local school taxation; five mill share funds; calculations
Sponsored By
First Reader Summary
A BILL to be entitled an Act to amend Code Section 20-2-164 of the Official Code of Georgia Annotated, relating to local five mill share funds, so as to provide that the dollar amount of the five mill share for local school systems with a rate of taxation equal to or greater than 20 mills shall be capped at the dollar amount for five mills in fiscal year 2003 or the fiscal year in which the rate of taxation was increased to 20 mills; to provide for related matters; to repeal conflicting laws; and for other purposes.
Status History
Feb/04/2003 - Senate Read and Referred
Feb/03/2003 - Senate Hopper