CS/HB 7003-D: Ad Valorem Taxation
GENERAL BILL by Policy & Budget Council ; Government Efficiency & Accountability Council ; Attkisson
Ad Valorem Taxation; Specifies circumstances under which the presumption concerning the correctness of an ad valorem tax assessment is lost. Provides for the rate of percentage change of a category of property comprised of comparable property. Increases the amount of the exemption provided for homestead property. Requires the Legislature to increase the state sales tax by 1 percent and appropriate increased revenues as credit against required local effort, etc.
Effective Date: 01/01/2008 except as otherwise provided
Last Action: 10/29/2007 House - Died on Calendar, Link/Iden/Sim/Compare passed, refer to CS/SJR 2-D (Passed), SB 4-D (Ch. 2007-339), SB 6-D (Ch. 2007-338)
Bill Text: Web Page | PDF
Last Action: 10/29/2007 House - Died on Calendar, Link/Iden/Sim/Compare passed, refer to CS/SJR 2-D (Passed), SB 4-D (Ch. 2007-339), SB 6-D (Ch. 2007-338)
Bill Text: Web Page | PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 10/15/2007 | House |
• Filed • On Council agenda-- Policy & Budget Council, 10/16/07, 9:30 am, 212-K |
| 10/17/2007 | House |
• Introduced, referred to Policy & Budget Council -HJ 00004 • Placed on Special Order Calendar; Introduction allowed -HJ 00010; Introduced, referred to Calendar -HJ 00010 |
| 10/16/2007 | House |
• CS by- Policy & Budget Council; YEAS 21 NAYS 7 -HJ 00007; CS read 1st time on 10/16/07 -HJ 00007; CS filed; Placed on Calendar -HJ 00007, -HJ 00009 |
| 10/18/2007 | House |
• Placed on Special Order Calendar -HJ 00011 |
| 10/22/2007 | House |
• Placed on Special Order Calendar -HJ 00014 |
| 10/25/2007 | House |
• Placed on Special Order Calendar -HJ 00029; Retained on Calendar |
| 10/29/2007 | House |
• Died on Calendar, Link/Iden/Sim/Compare passed, refer to CS/SJR 2-D (Passed), SB 4-D (Ch. 2007-339), SB 6-D (Ch. 2007-338) |
738713 - Amendment to Amendment (417889)