Plain English Breakdown
The official source confirms the existence of a referendum requirement and an automatic repeal clause but does not provide details on how these mechanisms work or what triggers them.
Butts County Homestead Tax Exemption Increase
This law increases the property tax exemption for qualifying seniors in Butts County from $4,000 to $20,000.
What This Bill Does
- Increases the homestead ad valorem tax exemption amount from $4,000 to $20,000 of assessed value.
- Applies this change only to residents who are at least 62 years old.
- Requires a public vote (referendum) before the new rule takes effect.
- Sets rules for holding the election and handling legal issues if officials do not follow them.
- Removes older laws that conflict with these changes.
Who It Names or Affects
- Residents of Butts County who are 62 years of age or older.
- Butts County government agencies responsible for property taxes and elections.
Terms To Know
- Ad valorem tax
- A tax based on the value of a person's real estate, such as their home or land.
- Homestead exemption
- An amount subtracted from the assessed value of a primary residence to lower property taxes for eligible owners.
Limits and Unknowns
- The law requires a referendum, so it will not take effect unless voters approve it.
- The text does not specify if there are income limits or other requirements beyond age and residency.
- The bill includes an automatic repeal provision, but the specific conditions for this are not detailed in the summary.