HB 498 - Ad valorem tax; foreclosure sales; determination of fair market value; provide
Sponsored By
Committees
- HC:W&M
- SC:
Current Status
02/19/09 - House Second ReadersFirst Reader Summary
A BILL to be entitled an Act to amend Article 1 of Chapter 5 of Title 48 of the Official Code of Georgia Annotated, relating to ad valorem taxation of property, so as to provide that foreclosure sales and distressed sales shall be taken into account in the determination of fair market value for purposes of taxation; to provide an effective date; to repeal conflicting laws; and for other purposes.
Status History
| Date | Action |
|---|---|
| 02/18/2009 | House First Readers |
| 02/19/2009 | House Second Readers |