• Proposed Bill to Expand Georgia’s Freeport Exemption
  • March 9, 2010
  • Law Firm: Alston & Bird LLP - Atlanta Office
  • HB 1082, which was proposed in the Georgia House of Representatives this month, includes a significant proposed change to the scope of the freeport exemption that Georgia counties are authorized to provide with respect to the taxation of business personal property. Under current Georgia Code Section 48-5-48.2 (the “freeport” exemption), Georgia counties are authorized to adopt a provision that exempts from ad valorem taxation: