HB1417: College Park, City of; ad valorem tax; municipal purposes; provide homestead exemption

Legislative Summary

A BILL to be entitled an Act to provide a homestead exemption from City of College Park ad valorem taxes for municipal purposes in the amount of the full assessed value of the homestead for residents of that city who are 65 years of age or older; 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.