Bill to overhaul property tax system approved in Georgia
Posted by Michael Bang on Thursday, April 29th, 2010 at 4:07pm.Associated Press - April 29, 2010 1:54 PM ET ATLANTA (AP) - A wide-ranging overhaul of property taxes in Georgia is headed to Gov. Sonny Perdue. The measure would require that homes be assessed every year and extends the appeal process from 30 to 45 days. It also requires that all comparable sales - including foreclosures - must be applied when officials set an assessed value. The measure passed the House Thursday by a 157-1 vote and has already been adopted by the Senate. Supporters say it's designed to create uniformity in the way homes are taxed and to give homeowners access to more information. Senate Bill 346: http://www.legis.ga.gov Copyright 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Michael R. Bang - Consumer Advocate & Foreclosure Specialist
CEO Georgia Forelosure, Inc.
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