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Measure Details

Encourages the conservation, sustainability, and longevity of Georgia's working forests through tax subclassification and grants

Georgia Ballot Measure - Amendment 3

Election: Nov. 6, 2018 (General)
Outcome: Pending

Categories:
Natural Resources and Energy
Taxes

Summary

This proposal revises provisions subclassifying forest land conservation use property for ad valorem taxation purposes. It revises the methodology for establishing the value of forest land conservation use property and related assistance grants. The proposal also permits the subclassification of qualified timberland property for ad valorem taxation purposes.

Measure Text

Shall the Constitution of Georgia be amended so as to revise provisions related to the subclassification for tax purposes of and the prescribed methodology for establishing the value of forest land conservation use property and related assistance grants, to provide that assistance grants related to forest land conservation use property may be increased by general law for a five-year period and that up to 5 percent of assistance grants may be deducted and retained by the state revenue commissioner to provide for certain state administrative costs, and to provide for the subclassification of qualified timberland property for ad valorem taxation purposes?

Yes ( ) No ( )

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