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Measure Details

Provides a tax exemption for certain nonprofit-owned homes for the mentally disabled.

Georgia Ballot Measure - Referendum B

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

Categories:
Housing and Property
Taxes

Summary

This proposal clarifies that the existing exemption from ad valorem taxation for nonprofit homes for the mentally disabled applies even when financing for construction or renovation of the homes is provided by a business corporation or other entity.

Measure Text

Shall the Act be approved which provides an exemption from ad valorem taxes on nonprofit homes for the mentally disabled if they include business corporations in the ownership structure for financing purposes?

Yes ( ) No ( )

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