Wednesday March 27,
2024

COMMITTEE DAY REPORT

House Budget & Research Office (404) 656-5050
The House will reconvene for its 40th Legislative Day on Thursday, March 28 at 10:00 a.m. The Rules Committee will meet at 9:00 a.m. No bills / resolutions are expected to be debated on the floor.

Committee Actions
Bills passing committees are reported to the Clerk's Office and are placed on the General Calendar.

Ways & Means Committee

SR 82

Tax Commissioner; waive certain delinquent ad valorem property taxes; procedures and conditions; provide- CA
Bill Summary: SR 82 amends Article VII, Section I, Paragraph III of the Georgia Constitution to require standing timber to be assessed at a rate that is equal to the same class of subjects in the territorial limits, per Subparagraph (a) of Paragraph III, for the first $100,000 of ad valorem taxes assessed within a county. The Governor is granted authority to declare a disaster that would extend the rate assessment change beyond the limit of $100,000.

The General Assembly shall appropriate the equivalent of 50 percent of the lost revenue for the first three percent of the taxing jurisdictions total timber harvest ad valorem tax revenue and 100 percent of lost revenue over three percent of the total timber ad valorem revenue.

SR 82 provides language for a statewide referendum question and requires approval from a twothirds majority of members of each chamber before receiving approval from a majority of voters.

Authored By: House Committee:

Sen. Carden Summers (13th) Ways & Means

Committee Action:

03-27-2024 Do Pass by Committee Substitute

Committee Meeting Schedule
This meeting schedule is up to date at the time of this report, but meeting dates and times are subject to change. To keep up with the latest schedule, please visit www.legis.ga.gov to view all upcoming events.

Thursday - March 28, 2024 8:00 AM HIGHER EDUCATION (House) 9:00 AM RULES (House) 10:00 AM FLOOR SESSION (LD40) (House)

406 CLOB 341 CAP House Chamber

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Agenda Agenda