HB1240 — Local government; total ad valorem tax digest limitation upon creating new tax allocation districts shall also apply to the renewal of existing tax allocation districts; provide

HB1240 — Local government; total ad valorem tax digest limitation upon creating new tax allocation districts shall also apply to the renewal of existing tax allocation districts; provide · Informed CitizenryThis bill amends Chapter 44 of Title 36 of the Official Code of Georgia Annotated regarding redevelopment powers. It modifies the law to require that the 10 percent limit on the total current taxab…Open in Informed Citizenry