Georgia Senate Moves to Cut Property Taxes by Increasing Sales Taxes
The measure would let cities and counties use sales taxes to offset homeowner bills, while lawmakers cite five-year increases as high as 107%.
8 Articles
8 Articles
AFP-GA Applauds Senate Passage of HB 1116
ATLANTA, GA – Today, the Georgia Senate passed HB 1116, which would provide comprehensive property tax reform for Georgians. The bill, if passed, would require local governments to provide transparent notice of a proposed tax increase and to hold a public hearing on the proposed increase. It would also move all property tax ballot measures to primary or general election dates, creating greater awareness of proposed tax measures. Americans for Pr…
Georgia Senate moves to cut property taxes by increasing sales taxes
ATLANTA — The Georgia Senate passed a measure Tuesday that would reduce homeowner property taxes by creating a new sales tax in exchange. House Bill 1116 came from the House as a cap on property tax valuation increases. The Senate’s…
Georgia Senate Passes HB 1116; Property Tax Cap Measure Heads to Governor
Georgia Senate Passes HB 1116; Property Tax Cap Measure Heads to Governor Georgia lawmakers have taken a major step toward limiting property tax growth across the state. The Georgia Senate has now passed House Bill 1116, sending the measure to the governor’s desk for final approval. The legislation would place a cap on how much property tax revenue can increase each year, generally limiting growth to 3% or the rate of inflation, whichever is hig…
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