HB539: Gwinnett County; school district ad valorem tax; increase homestead exemption

Legislative Summary

A BILL to be entitled an Act to amend an Act to provide a homestead exemption of $4,000.00 from all county school district ad valorem taxation, except taxes levied to retire bonded indebtedness, which applies to the homestead of each resident of the Gwinnett County school district actually occupied by the owner as a residence and homestead, approved March 24, 1988 (Ga. L. 1988, p. 4199), so as to increase said homestead exemption to $10,000.00; to provide for compliance with constitutional requirements; to provide for a referendum, effective dates, and automatic repeal; to provide for mandatory execution of election and judicial remedies regarding failure to comply; to repeal conflicting laws; and for other purposes.