Georgia Senate Passes Bill to Reduce Property Taxes with Sales Tax

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 passes bill to reduce property taxes with sales tax

The Georgia Senate passed a bill to reduce homeowner property taxes by creating a new 1% sales tax, sparking debate.

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 property tax bill clears Senate hurdle

(The Center Square) – The Georgia Senate passed a bill that caps city and county property tax growth at 3% or the rate of inflation, whichever is greater.

Georgia Senate proposes sales tax for homeowner property tax cuts

The Georgia Senate passed House Bill 1116, which would reduce homeowner property taxes by creating a 1% sales tax in exchange, and limit property tax valuation increases to 3% or the federal Consumer Price Index. The Current is an inclusive nonprofit, non-partisan news organization providing in-depth watchdog journalism for Savannah and Coastal Georgia’s communities.

Georgia Senate Approves Bill Creating New Sales Tax to Help Lower Property Taxes

“We are choosing to say that the people who own homes really are more important,” said Sen. Sonya Halpern (D-Atlanta). Continue Reading Georgia Senate Approves Bill Creating New Sales Tax to Help Lower Property Taxes The post Georgia Senate Approves Bill Creating New Sales Tax to Help Lower Property Taxes appeared first on Weekly Real Estate News.