Georgia Private College Buildings Tax Exemption Measure (2014)
The statute is part of a larger legislative package related to the privatization of student dormitories. The package, taken together, would lease dormitories to private firms who would collect revenues from operating the dorms. The package would leave some control of student dorm boarding prices to administrators. The leasing companies would take on any existing debt on leased properties and have the option of building new dormitories. Leases would last from 30 to 65 years and many would include a renewal option. Private companies would bid on contracts and be selected following the referendum's approval.
Text of measure
The ballot text reads as follows:
|“||Shall property owned by the University System of Georgia and utilized by providers of college and university student housing and other facilities continue to be exempt from taxation to keep costs affordable?
( ) YES
- Sen. Mike Crane (R-28) criticized the ballot title, saying, "The proposed wording for the ballot referendum includes wording that I believe would be misleading. To insinuate a ‘yes’ vote will ‘keep costs affordable’ is an exaggeration at best and certainly a promise the (Board of Regents) cannot keep.”
Path to the ballot
- See also: Legislatively-referred state statute
The amendment was approved by a necessary two-thirds vote in both chambers of the Georgia Legislature. HB 788 was approved by the Georgia House of Representatives on February 26, 2014. The amendment was approved by the Georgia Senate on March 18, 2014. Gov. Deal (R) signed the bill on April 24, 2014, thus putting the measure on the ballot.
February 26, 2014 House vote
|Georgia HB 788 House Vote|
March 18, 2014 Senate vote
|Georgia HB 788 Senate Vote|
- Diverse: Issues In Higher Education, "Georgia Could Become Biggest Test of Private Dorms," April 6, 2014
- Georgia Legislature, "HB 788," accessed March 19, 2014
- Diverse, "Georgia Could Become Biggest Test of Private Dorms," April 6, 2014
- Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.
- Athens Banner-Herald, "Voters to decide if privatizing dorms can be win-win-win," April 5, 2014
- Greenwich Time, "Ga. governor approves referendum on dorm taxes," April 24, 2014
State of Georgia
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