The Georgia Legislature is a little drunk on the passage of last year's sweeping property tax changes so they are bellying up to the bar for another round:
HB 381: Property tax moratorium
HB 381 extends the moratorium on increasing the assessed value of real property for tax purposes through the end of 2012
Heard in House Ways & Means committee on 3/10
HR 1: Property Tax Abolition
HR 1 would abolish property taxes in favor of a local-option sales-and-use tax or a flat rate household tax; it would alter how local taxes are used for public education
Assigned to the House Ways & Means committee on 1/24
HB 31: Property Tax
HB 31 would comprehensively revise the property tax system, including valuation procedures, alter mill limitations, and determine discontinuation procedures
Assigned to the House Ways & Means committee on 2/3
HR 10: Property Tax
HR 10 is a companion resolution to HB 31 and would revise the ad valorem property tax system by allowing each county (by local referendum) to determine valuation increases; it would also allow new values be assessed for homestead exemptions
Assigned to the House Ways & Means committee on 2/3
Apparently they aren't going to stop until the Georgia property tax has been replaced by higher rates in the other state and local taxes of our lives, OR until Georgia has an inequitable, dysfunctional property tax system.
