HB502 - Towns County School District; ad valorem tax; provide homestead exemption
HB502 - Towns County School District; ad valorem tax; provide homestead exemption
Sponsored by: Jenkins,Charles 8th
A BILL to be entitled an Act to provide for a homestead exemption from Towns County School District ad valorem taxes for educational purposes in an amount equal to the amount by which the current year assessed value of a homestead exceeds the adjusted base year assessed value of such homestead; to provide for definitions; to specify the terms and conditions of the exemption and the procedures relating thereto; to allow such exemption to continue to be received by an unremarried surviving spouse or the child, children, grandchild, or grandchildren of the deceased spouse; to provide for applicability; to provide for a referendum, effective dates, and automatic repeal; to repeal conflicting laws; and for other purposes.