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Georgia General Assembly > Legislation
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2015-2016 Regular Session - SB 239
Ad Valorem Tax; provide for creation of economic development incentative programs
Sponsored By
SC: FinanceHC:
First Reader Summary
A BILL to be entitled an Act to amend Code Section 48-5-7.4 of the Official Code of Georgia Annotated, relating to ad valorem taxation of bona fide conservation use property, so as to provide for creation of economic development incentive programs; to provide that certain conservation use covenant properties may be utilized for commercial or industrial purposes without penalty if allowed by local ordinance and a local economic development panel; to provide for related matters; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.
Status History
Mar/25/2015 - Senate Read and Referred
Mar/24/2015 - Senate Hopper