A BILL to be entitled an Act to provide a homestead exemption from Early County school district ad valorem taxes for educational purposes for the full amount of the assessed value of the homestead for residents of that school district who are 70 years of age or older and whose income, excluding certain retirement income, does not exceed $69,680.00; to provide for definitions; to specify the terms and conditions of the exemption and the procedures relating thereto; to provide for applicability; 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:
SB 305 ad: 28-1-14
As introduced LC 47 0943: 48-5-40, 48-5-50.1
As passed Senate: 48-5-40, 48-5-50.1
LC 47 1107S/hss: 48-5-40, 48-5-50.1
SB 305/AP*: 48-5-40, 48-5-50.1