HB 1249 - Ad valorem tax exemption; businesses providing new jobs; provisions

Sponsored By

• (1) Lunsford,John 110th
• (2) Stephens,Ron 164th
• (3) Graves,Tom 12th

Committees

• HC:SCSBDJ
• SC:

Current Status

First Reader Summary

A BILL to be entitled an Act to amend Part 1 of Article 2 of Chapter 5 of Title 48 of the Official Code of Georgia Annotated, relating to ad valorem tax exemptions, so as to provide for an exemption from local ad valorem taxes assessed on certain tangible real property for certain businesses providing new jobs; to provide for qualifications for such businesses; to provide for procedures for the approval for such exemptions; to provide for related matters; to repeal conflicting laws; and for other purposes.

Status History

Footnotes

Versions

1. LC 38 1072/a
2. LC 38 1114S/hs