Measure on the ballot in the 2020 Georgia General Election in Georgia.
View your personalized ballot, check your voter registration, make a plan to vote, and research every name and measure on the ballot with BallotReady.
Get StartedThis proposal authorizes a new exemption from ad valorem taxes for all real property owned by a purely public charity, if such charity is exempt from federal taxation and such property is used only for building or repairing single-family homes to be financed by such charity to individuals using zero interest loans. It amends Code Section 48-5-41 of the Official Code of Georgia Annotated by deleting "and" at the end of paragraph (14), by replacing the period with "; and" at the end of paragraph (15), and by adding a new paragraph. If approved by a majority of the voters, the Act becomes effective on January 1, 2021, and applies to all tax years beginning on or after that date.
A "YES" vote on Referendum A supports exempting 501(c)(3) public charities from property taxes on certain properties.
A "NO" vote on Referendum A opposes exempting 501(c)(3) public charities from property taxes on certain properties.
"If passed, the measure would help grow the stock of affordable housing in Georgia, particularly in small cities and rural communities...Offering tax breaks to encourage single-family home construction also pays off in the long run for a local community’s tax base.", in support of Referendum A (Learn more)
"Twelve hundred dollars provides the sheet rock for a new house. Five thousand dollars provides the framing lumber for a new house, so a thousand to four thousand dollars is a significant part of a new house... One of our lots, the next one we're going to build on, the estimated taxes would be one hundred and eleven dollars a year. Right next door to it same size lot roughly, is a three bedroom house just like what we’re going to be building. The estimated taxes are just under fifteen hundred dollars. So once that house is built it will help the tax base grow. I think some affiliates hesitate to bring on more vacant lots because of the tax burden that that would place on them, and this would free up money so we could build quickly.", in support of Referendum A (Learn more)
Shall the Act be approved which provides an exemption from ad valorem taxes for all real property owned by a purely public charity, if such charity is exempt from taxation under Section 501(c)(3) of the federal Internal Revenue Code and such real property is held exclusively for the purpose of building or repairing single-family homes to be financed by such charity to individuals using loans that shall not bear interest?
View your personalized ballot, check your voter registration, make a plan to vote, and research every name and measure on the ballot with BallotReady.