Georgia Business Inventory Exemption, Referendum A (2010)

Georgia Business Inventory Exemption, Referendum A appeared on the November 2, 2010 ballot in Georgia as a legislatively-referred state statute where it was approved.

The measure allowed for inventory of businesses to be exempt from state property tax.

Election results

See also: 2010 ballot measure election results

Referendum A (Business Inventory)
Result		Votes	Percentage
a Yes		1,310,116	54.0%
No		1,115,586	46.0%

Official results obtained from the Georgia Secretary of State.

Text of measure

Title

The ballot question read as follows:

Shall the Act be approved which grants an exemption from state ad valorem taxation for inventory of a business?

(__) Yes

(__) No

Media editorial positions

See also: Endorsements of Georgia ballot measures, 2010

Support

• Savannah Morning News supported Referendum A. The editorial board said, "Georgia is one of only six states that levy a state property tax on business inventory. Referendum A would bring the Peach State in line with most of the rest of the country, and reduce the tax burden on Georgia businesses."

• Creative Loafing said, "At issue: Eliminating a state tax on inventory that sits unsold in businesses' warehouses and stockrooms. That would mean the state would see about $2 million less in revenue — an amount even the staunchest of tax-break opponents say is small."

Path to the ballot

The measure was approved by the Senate on March 25, 2009 and by the House on March 12, 2009. The measure was submitted to the governor on May 4, 2009.

See also

• 2010 ballot measures
• Georgia 2010 ballot measures

External links

Suggest a link

• Proposed Constitutional Amendments and State-Wide Referendum Question prepared by the Georgia Secretary of State's office.
• HB 482 summary
• HB 482 full text
• "Yes on A" campaign website

Additional reading

• Atlanta Progressive News,"APN Overview of Proposed 2010 Georgia Amendment 5, Referendum A," October 24, 2010