HB 703

  • Georgia House Bill
  • 2025-2026 Regular Session
  • Introduced in House Mar 03, 2025
  • Passed House Mar 10, 2025
  • Passed Senate Mar 21, 2025
  • Signed by Governor May 13, 2025

Peachtree City, City of; ad valorem tax for municipal purposes; homestead exemption; increase income cap

Abstract

A BILL to be entitled an Act to amend an Act to provide for a homestead exemption from City of Peachtree City ad valorem taxes for municipal purposes in the amount of $5,000.00 of the assessed value of the homestead for residents of that city who are 65 years of age or over and whose income does not exceed $30,000.00, approved May 5, 2005 (Ga. L. 2005, p. 3719), so as to increase the income cap related to qualifying for such exemption to $60,000.00; to increase the value of the exemption to $30,000.00 of the assessed value; to provide for compliance with constitutional requirements; to provide for a referendum, effective dates, and automatic repeal; to provide for mandatory execution of election and judicial remedies regarding failure to comply; to provide for related matters; to repeal conflicting laws; and for other purposes.

Bill Sponsors (4)

Votes


Actions


May 13, 2025

Georgia General Assembly

Effective Date

Senate

Act 212

House

House Date Signed by Governor

Apr 07, 2025

House

House Sent to Governor

Mar 21, 2025

Senate

Senate Committee Favorably Reported

  • Committee-Passage-Favorable
State and Local Governmental Operations

Senate

Senate Passed/Adopted

Mar 11, 2025

Senate

Senate Read and Referred

  • Referral-Committee
State and Local Governmental Operations

Mar 10, 2025

House

House Passed/Adopted

House

House Third Readers

House

House Committee Favorably Reported

  • Committee-Passage-Favorable
Intragovernmental Coordination

Mar 06, 2025

House

House Second Readers

Mar 04, 2025

House

House First Readers

Mar 03, 2025

House

House Hopper

Bill Text

Bill Text Versions Format
HB 703/AP* PDF
LC 47 3442/a PDF
Local Ad PDF

Related Documents

Document Format
No related documents.

Sources

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