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Georgia General Assembly > Legislation
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2003-2004 Regular Session - SR 311
CA: Ad Valorem Taxes; freeze existing residential property values until sold; appraise at fair market value
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First Reader Summary
A RESOLUTION proposing an amendment to the Constitution so as to require the freezing of existing residential real property values and to provide that residential real property and interests therein shall be appraised for ad valorem taxation purposes at their fair market value as of the date of the owner´s acquisition thereof; to provide for valuation increases; to provide for conditions and limitations; to provide for authority of the General Assembly with respect to the foregoing; to provide for the submission of this amendment for ratification or rejection; and for other purposes.
Status History
Apr/09/2003 - House Second Readers
Apr/08/2003 - House First Readers
Apr/08/2003 - Senate Passed/Adopted As Amended
Apr/08/2003 - Senate Third Read
Apr/07/2003 - Senate Read Second Time
Mar/28/2003 - Senate Committee Favorably Reported
Mar/27/2003 - Senate Read and Referred
Mar/26/2003 - Senate Hopper
Past Versions