Ad valorem tax; certain senior citizens who volunteer with local governments; provide homestead exemption
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Progress
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- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Overview
House Bill 463 proposes a new state tax exemption for senior citizens in Georgia who volunteer their time with local government entities, such as counties and cities. Local governments would be able to determine the amount of the exemption offered to volunteers, up to a specified limit. The bill outlines the requirements for receiving the exemption, including verification of volunteer hours and adherence to local government guidelines. It also includes provisions for a potential referendum and automatic repeal if certain conditions aren't met.
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