Plain English Breakdown
Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.
Cohutta, City of; ad valorem tax for municipal purposes; increase homestead exemption
A BILL to be entitled an Act to amend an Act to provide for a new homestead exemption from City of Cohutta ad valorem taxes for municipal purposes in the amount of $100,000.00 for each resident of the City of Cohutta who is 70 years of age or older, approved May 3, 2023 (Ga.
What This Bill Does
- A BILL to be entitled an Act to amend an Act to provide for a new homestead exemption from City of Cohutta ad valorem taxes for municipal purposes in the amount of $100,000.00 for each resident of the City of Cohutta who is 70 years of age or older, approved May 3, 2023 (Ga.
- L.
- 2023, p.
- 4375), so as to increase the exemption amount to $325,000.00 of the assessed value of the homestead; 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.
Limits and Unknowns
- This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.