Help us improve in just 2 minutes—share your thoughts in our reader survey.
Georgia Timber Property Tax Rate Reduction Amendment (2022)
| Georgia Timber Property Tax Rate Reduction Amendment (2022) | |
|---|---|
 | |
| Election date November 8, 2022 | |
| Topic Taxes | |
| Status Not on the ballot | |
| Type Constitutional amendment | Origin State legislature |
The Georgia Timber Property Tax Rate Reduction Amendment was not on the ballot in Georgia as a legislatively referred constitutional amendment on November 8, 2022.[1]
This amendment would have reduced the assessment rate on timber for the purpose of property taxes from 2.5 times the rate used for taxes on other property to a rate equal to the rate used for other property. The existing provision stating that timber is taxed only once upon harvest or sale would have remained. The amendment would also have required the state to allocate funds to each county, municipality, and school district to replace revenue lost due to the assessment rate reduction for timber. Under the amendment, each local government would have received the following funds:[2]
- an amount equal to 50% of lost revenue for lost revenue equal to up to 3% of the local government's timber property tax revenue, and
- an amount equal to 100% of lost revenue for lost revenue above 3% of the local government's timber property tax revenue.
Text of the measure
Constitutional changes
- See also: Article VII, Georgia Constitution
The measure would have amended section 1 of Article VII of the state constitution. The full text of the amendment is available here.
Path to the ballot
- See also: Amending the Georgia Constitution
To put a legislatively referred constitutional amendment before voters, a two-thirds (66.67%) vote vote is required in both the Georgia State Senate and the Georgia House of Representatives.
On March 15, 2022, the state House approved House Resolution 686 proposing this amendment by a vote of 166-0, with 13 not voting or absent and one vacancy. The measure was not passed in the Senate before the legislature adjourned its 2022 session on April 5, 2022.[1]
| ||||||||||||||||||||||||||||||||
See also
External links
Footnotes
.svg.png){kind=small} |
State of Georgia Atlanta (capital) |
|---|---|
| Elections |
What's on my ballot? | Elections in 2025 | How to vote | How to run for office | Ballot measures |
| Government |
Who represents me? | U.S. President | U.S. Congress | Federal courts | State executives | State legislature | State and local courts | Counties | Cities | School districts | Public policy |
