ATLANTA (November 24, 2008) – Senate Majority Leader Chip Rogers announced today that he welcomes the pre-filing of House Resolution 1 to help protect Georgia property owners from unfair property tax increases. He also suggested this would be one of the key pieces of major legislation in the 2009 session for the Georgia General Assembly.
Senator Rogers authored similar legislation, Senate Resolution 796, which provides tax relief for homeowners through a constitutional amendment to freeze property tax assessments. Residential property assessed value may not increase anymore than two percent a year and non-residential property assessed value may not increase anymore than three percent a year or the rate of inflation, whichever is lower. In addition, it allows property to be assessed at a real, fair market value and will establish accountability for tax policy at the local level. The resolution passed the State Senate in 2008.