Provides a tax exemption for certain nonprofit-owned homes for the mentally disabled.

Georgia Ballot Measure - Referendum B

Election: Nov. 6, 2018 (General)

Outcome: Passed

Categories:

Housing and Property
Taxes

Summary


This proposal clarifies that the existing exemption from ad valorem taxation for nonprofit homes for the mentally disabled applies even when financing for construction or renovation of the homes is provided by a business corporation or other entity.

Measure Text


Shall the Act be approved which provides an exemption from ad valorem taxes on nonprofit homes for the mentally disabled if they include business corporations in the ownership structure for financing purposes?

Yes ( ) No ( )

Resources


Official Summary

Source
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