SB 83 - Expanding Homestead Property Tax Exemption - Georgia Key Vote
Don Parsons voted Yea (Passage With Amendment) on this Legislation.
Timeline
- House Bill Failed
- March 25, 2009
- House Bill Failed
- March 4, 2009
- Senate Bill Passed
- Feb. 6, 2009
- Introduced
- Feb. 2, 2009
Related Issues
Stage Details
Title: Expanding Homestead Property Tax Exemption
Vote Smart's Synopsis:
Vote to pass a bill that submits a referendum to the voters to increase the maximum homestead tax exemption from $2,000 to $3,000 of the value of the homestead for the 2011 taxable year, increases it to $4,000 of the value of the homestead for the 2012 taxable year, and requires the maximum exemption be increased by a percentage equal to the cost of living index for each subsequent taxable year thereafter.
Highlights:
-Specifies that the exemption shall remain unchanged during any taxable year in which the cost of living index decreases (Sec. 1). -Specifies that the exemption shall be granted in addition to and not in lieu of any other homestead exemptions (Sec. 1). -This is a substitute bill sponsored by the House Committee on Rules.
More Info About this Vote
NOTE: THIS VOTE RECONSIDERS A PREVIOUS VOTE.
Title: Expanding Homestead Property Tax Exemption
Vote Smart's Synopsis:
Vote to pass a bill that submits a referendum to the voters to increase the maximum homestead tax exemption from $2,000 to $4,000 of the value of the homestead for the 2009 taxable year, and requires the maximum exemption be increased by a percentage equal to the cost of living index for each subsequent taxable year thereafter.
Highlights:
-Specifies that the exemption shall remain unchanged during any taxable year in which the cost of living index decreases (Sec. 1). -Specifies that the exemption shall be granted in addition to and not in lieu of any other homestead exemptions (Sec. 1). -This is a substitute bill sponsored by the Senate Committee on Finance.
Title: Expanding Homestead Property Tax Exemption
More Info About this Vote
NOTE: THIS IS A SUBSTITUTE BILL, MEANING THE LANGUAGE OF THE ORIGINAL BILL HAS BEEN REPLACED. THE DEGREE TO WHICH THE SUBSTITUTE BILL TEXT DIFFERS FROM THE PREVIOUS VERSION OF THE TEXT CAN VARY GREATLY.
NOTE: THIS BILL IS PROPOSING A PROPERTY TAX EXEMPTION OR AN EXPANSION THEREOF, WHICH REQUIRES A TWO-THIRDS MAJORITY FOR APPROVAL IN EACH CHAMBER OF THE LEGISLATURE, AND THEN MUST BE APPROVED BY A MAJORITY OF QUALIFIED VOTERS IN A REFERENDUM ELECTION.