Georgia Code
Part 1 - Tax Exemptions
§ 48-5-41.3. [For Effective Date, See note.] Tax Exemption for Timber Equipment

Click to view
History. Code 1981, § 48-5-41.3 , enacted by Ga. L. 2022, p. 736, § 1/HB 997.
Delayed effective date.
Ga. L. 2022, p. 736, § 2/HB 997, provides that this Code section shall become effective on January 1, 2023, only upon ratification of a resolution at the November, 2022, state-wide general election that grants a state-wide exemption from all ad valorem taxes for certain equipment used by timber producers in the production or harvest of timber.
Editor’s notes.
Ga. L. 2022, p. 736, § 2/HB 997, not codified by the General Assembly, provides: “The Secretary of State shall call and conduct an election as provided in this section for the purpose of submitting this Act to the electors of the entire state for approval or rejection. The Secretary of State shall conduct such election on the Tuesday next following the first Monday in November, 2022, and shall issue the call and conduct that election as provided by general law. The Secretary of State shall cause the date and purpose of the election to be published once a week for two weeks immediately preceding the date thereof in the official organ of each county in the state. The ballot shall have written or printed thereon the words:
“‘() YES Shall the Act be approved which grants a state-wide exemption from all ad valorem taxes for certain equipment used by timber producers in the production or harvest of timber?’ “ () NO
“All persons desiring to vote for approval of the Act shall vote ‘Yes,’ and all persons desiring to vote for rejection of the Act shall vote ‘No.’ If more than one-half of the votes cast on such question are for approval of the Act, Section 1 of this Act shall become of full force and effect on January 1, 2023, and shall be applicable to all tax years beginning on or after such date. If the Act is not so approved or if the election is not conducted as provided in this section, Section 1 of this Act shall not become effective, and this Act shall be automatically repealed on the first day of January immediately following that election date. It shall be the duty of each county election superintendent to certify the result thereof to the Secretary of State.

Structure Georgia Code

Georgia Code

Title 48 - Revenue and Taxation

Chapter 5 - Ad Valorem Taxation of Property

Article 2 - Property Tax Exemptions and Deferral

Part 1 - Tax Exemptions

§ 48-5-40. Definitions

§ 48-5-41. Property Exempt From Taxation

§ 48-5-41.1. Exemption of Qualified Farm Products and Harvested Agricultural Products of Family Farm Entities

§ 48-5-41.2. Exemption From Taxation of Personal Property in Inventory for Business

§ 48-5-41.3. [For Effective Date, See note.] Tax Exemption for Timber Equipment

§ 48-5-42. Exempt Personalty

§ 48-5-42.1. Personal Property Tax Exemption for Property Valued at $7,500.00 or Less

§ 48-5-43. Exemption for Fertilizers

§ 48-5-44. Exemption of Homestead Occupied by Owner; Effect of Participation in Rural Housing Program on Homestead Exemption; Limits

§ 48-5-44.1. Homestead Exemption for Residents Residing in a Municipal Corporation Located in More Than One County; Application Required; Renewal

§ 48-5-45. Application for Homestead Exemption; Unlawful to Solicit Fee to File Application for Homestead for Another

§ 48-5-46. Procedure for Application

§ 48-5-47. Applications for Homestead Exemptions of Individuals 65 or Older

§ 48-5-47.1. Homestead Exemptions for Individuals 62 or Older With Annual Incomes Not Exceeding $30,000.00

§ 48-5-48. Homestead Exemption by Qualified Disabled Veteran; Filing Requirements; Periodic Substantiation of Eligibility; Persons Eligible Without Application; Retroactive Award

§ 48-5-48.1. Level 1 Freeport Exemption; Application; Filing; Renewal

§ 48-5-48.2. Level 1 Freeport Exemption; Referendum

§ 48-5-48.3. Homestead Exemption for Senior Citizens

§ 48-5-48.4. Homestead Exemption for Unremarried Surviving Spouse of Peace Officer or Firefighter Killed in the Line of Duty

§ 48-5-48.5. Level 2 Freeport Exemption; Application; Filing; Renewal

§ 48-5-48.6. Level 2 Freeport Exemption; Referendum

§ 48-5-48.7. Freeport Exemptions; Determination of Timely Filing; Recourse for Improper Determinations

§ 48-5-49. Determination of Eligibility of Applicant; Appeal

§ 48-5-50. Homestead Value Credited With Exemption; Approval of Correctness of Value, Exemption, and Difference

§ 48-5-50.1. Claim and Return of Constitutional or Local Law Homestead Exemptions From County Taxes, County School Taxes, or Municipal or Independent School District Taxes

§ 48-5-51. Fraudulent Claim of Homestead Exemption Under Code Sections 48-5-44 Through 48-5-50; Penalty

§ 48-5-52. Exemption From Ad Valorem Taxation for Educational Purposes of Homesteads of Qualified Individuals 62 or Older; Application; Replacement of Revenue

§ 48-5-52.1. Exemption From Ad Valorem Taxation for State, County, Municipal, and School Purposes of Homesteads of Unremarried Surviving Spouses of u.s. Servicemembers Killed in Action

§ 48-5-53. Falsification of Information Required by Code Section 48-5-52; Penalty

§ 48-5-54. Application of Homestead Exemptions to Properties With Multiple Titleholders and Properties Held by Administrators, Executors, or Trustees

§ 48-5-55. Continuation of Constitutional Exemptions From Ad Valorem Taxes

§ 48-5-56. Notice of Homestead Exemptions From Ad Valorem Taxation to Accompany Bill for Ad Valorem Taxes on Real Property