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Ways and Means committee approves compliance subcommittee package, extends appeal period and offers longer tax abatement option for commercial historic rehab
Summary
The full Ways and Means Committee approved a committee substitute that extends the tax-assessment appeal period from 30 to 45 days, and adds a provision allowing local governments to offer up to 20-year tax abatements for commercial historic rehabilitation projects; the measure was approved by voice vote and moves forward to the next stage.
The Georgia House Ways and Means Committee voted to advance Senate Bill 141 with a committee substitute (LC501229S) that makes two principal changes: it extends the appeal and protest period for certain tax assessments from 30 to 45 days, and it adds language (drawn from House Bill 526) allowing local governments the option — not a requirement — to offer up to 20 years for commercial historic rehabilitation…
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