Click here to Make your Homepage
Property Tax Reform Bill (SB 346)

The Governor signed Senate Bill 346, the comprehensive tax reform bill, on June 4, 2010.
The major provisions of this bill are outlined below:
  • Requires annual assessment notices sent to all properties
  • Authorizes the creation of regional boards of equalization
  • Requires an estimate of the tax liability on the assessment notice 
  • Requires DOR to create a uniform appeal form
  • Requires members of the Boards of Equalization (BOE) to take a written oath of duty
  • Requires the BOE to render a decision on an appeal within 12 months of receiving an appeal if no extensions are granted
  • Gives the Superior Court Clerk responsibility for oversight of the BOE
  • Grants appeal rights to a new property owner who makes a purchase before assessment notices are sent
  • Requires DOR to update their training for tax officials and make it available online
  • Authorizes non-homestead properties exceeding $1 million in value to have their appeal heard by a licensed appraiser instead of the BOE
  • Eliminates the non-binding arbitration appeal option
  • Makes the real property tax return optional
  • Defines "arm's length, bona fide sale" and "distress sale"
  • Requires the sale price to be used as the fair market value in the year following the sale
  • Exempts counties from the 1/4 mill recovery and $5 parcel penalties during the assessment increase moratorium
  • Includes the property tax paid to other governments when making refunds
  • Authorizes installment billings
  • Clarifies that only the maintenance and operations millage rate is used for purposes of calculating the rollback rate under Taxpayer Bill of Rights.
  • Eliminates the 3% and 5% threshold for appeals to get the county digest approved
  • Authorizes the Board of Tax Assessors (BOA) to correct factual errors in the tax digest within 3 years
    Additional Information

    Georgia Department of Revenue Overview of SB 346 (pdf)

    ACCG is not responsible for the content of external sites.

    Copyright: ACCG