Georgia Referendum B, Property Tax Exemption for Historic Military Aircraft (2006)
Referendum B expanded a property tax exemption that was already in place for some veterans' organizations to include organizations of veterans that exist "for the purpose of refurbishing and operating historic military aircraft acquired from the federal government and other sources, making such aircraft airworthy, and putting such aircraft on display to the public for educational purposes."
Text of measure
Georgia law (Code Section 21-2-4 of the O.C.G.A.) requires that when an election will take place on proposed statutes, the Georgia Secretary of State must provide a neutral summary and explanation of each proposal.
The question and description are incorporated into a voter guide that voters may consult prior to casting their vote.
| This Act expands the existing ad valorem tax exemption for certain veterans organizations to include property which is owned by and used exclusively by any veterans organization which is qualified as a nonprofit organization under Section 501(c)(3) of the Internal Revenue Code of 1986, as amended, and which has been organized for the purpose of refurbishing and operating historic military aircraft acquired from the federal government and other sources, making such aircraft airworthy, and putting such aircraft on display to the public for educational purposes.
If approved by a majority of the voters, the Act becomes effective on January 1, 2007, and applies to all tax years beginning on or after that date.
State of Georgia
|State executive officers||
Governor | Lieutenant Governor | Attorney General | Secretary of State | Treasurer | State Auditor | State Superintendent of Schools | Insurance and Safety Fire Commissioner | Commissioner of Agriculture | Commissioner of Natural Resources | Commissioner of Labor | Chairman of Public Service Commission |