Staff Analysis of the Legislation
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SUMMARY:
This bill would amend Code Section 48-5-41 of the O.C.G.A. to allow ad valorem tax exemptions for more than one building owned by a “charitable institution qualified as a purely public charity” and reduces the number of acres of land eligible from 15 to 8. Previous law allows for only one building to be eligible. A referendum would be required for the legislation to take effect. |