A BILL to be entitled an Act to amend Article 2 of Chapter 5 of Title 48 of the Official Code of Georgia Annotated, relating to property tax exemptions and deferral, so as to increase a statewide ad valorem tax exemption for tangible personal property; to specify the terms and conditions of the exemption and the procedures relating thereto; to provide for applicability; to provide for related matters; to provide for compliance with constitutional requirements; to provide for a referendum, effective dates, and automatic repeal; to repeal conflicting laws; and for other purposes.

Statutes affected:
LC 43 2806/a: 48-5-42.1
LC 50 0780S/hs: 48-5-42.1
LC 50 0780S/hcs: 48-5-42.1
HB 808/AP*: 48-5-42.1