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SB 89 - Powder Springs, City of; ad valorem taxes; homestead exemption
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First Reader Summary
A bill to be entitled an Act to provide for a homestead exemption from certain City of Powder Springs 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 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 a referendum, effective dates, and automatic repeal; to repeal conflicting laws; and for other purposes.
Code Sections Amended
48-5-40 \ 48-5-50
| Bill History |
| Date |
Action |
| 04/27/2001 |
Signed by Governor (347) |
| 04/05/2001 |
Senate Sent to Governor |
| 02/27/2001 |
House Passed/Adopted |
| 02/27/2001 |
House Third Readers |
| 02/27/2001 |
House Committee Favorably Reported |
| 02/08/2001 |
House Second Readers |
| 02/07/2001 |
House First Readers |
| 02/05/2001 |
Senate Passed/Adopted |
| 02/05/2001 |
Senate Committee Favorably Reported |
| 01/31/2001 |
Senate Read and Referred |
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