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HB 743

Georgia - Session 1033

House enacted 2025-05-09
Bill Details

Title: Social Circle, City of; ad valorem tax; provide homestead exemption

Summary

A BILL to be entitled an Act to provide a homestead exemption from City of Social Circle ad valorem taxes for municipal purposes in an amount equal to the amount by which the current year assessed value of a homestead exceeds the adjusted base year assessed value of such homestead; to provide for definitions; to specify the terms and conditions of the exemption and the procedures relating thereto; to provide for applicability; to provide for compliance with constitutional requirements; to provide for a referendum, effective dates, automatic repeal, mandatory execution of election, and judicial remedies regarding failure to comply; to provide for related matters; to repeal conflicting laws; and for other purposes.

Sponsor
Fleming, Tim
Official Source Back to Bills
Actions Timeline
Date Event Detail
2025-03-10 Introduced Bill introduced
2025-05-09 Status enacted
2025-05-09 Latest Action Effective Date
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