HB931: Ad valorem tax; contents of certificates of title of motor vehicles; revise

Legislative Summary

A BILL to be entitled an Act to amend Code Section 40-3-24 and Chapter 5C of Title 48 of the Official Code of Georgia Annotated, relating to contents of certificates of title, certificates as evidence, and certificates not subject to garnishment or other process and the alternative ad valorem tax on motor vehicles, respectively, so as to revise the contents of certificates of title of motor vehicles; to provide for an exemption from state and local title ad valorem tax fees charged on private passenger motor vehicles purchased or leased by individuals with certain disabilities or their immediate family members; to provide for the recapture of tax savings in certain cases; to provide for penalties; to provide for related matters; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.