Ad Valorem Taxation; conditions; family owned farmed entities; discontinue a qualifying use of bona fide conservation use property; provide

A BILL to be entitled an Act to amend Article 1 of Chapter 5 of Title 48 of the Official Code of Georgia Annotated, relating to general provisions regarding ad valorem taxation of property, so as to provide the conditions upon which family owned farmed entities may elect to discontinue a qualifying use of bona fide conservation use property while incurring reduced penalties; to provide for related matters; to provide for an effective date; to repeal conflicting laws; and for other purposes.