Article VII — Taxation And Finance

5 sections · 26 paragraphs in this article.

31 provisionsFiltered byArt. VII

Ga. Const. art. VII, § I, ¶ I Taxation; limitations on grants of tax powers
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The state may not suspend or irrevocably give, grant, limit, or restrain the right of taxation and all laws, grants, contracts, and other acts to effect any of these purposes are null and void. Except as otherwise provided in this Constitution, the right of taxation shall always …
Ga. Const. art. VII, § I, ¶ II Taxing power limited
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(a) The annual levy of state ad valorem taxes on tangible property for all purposes, except for defending the state in an emergency, shall not exceed one-fourth mill on each dollar of the assessed value of the property. (b) So long as the method of taxation in effect on December …
Ga. Const. art. VII, § I, ¶ III Uniformity; classification of property; assessment of agricultural land; utilities
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(a) All taxes shall be levied and collected under general laws and for public purposes only. Except as otherwise provided in subparagraphs (b), (c), (d), (e), and (f) of this Paragraph, all taxation shall be uniform upon the same class of subjects within the territorial limits of…
Ga. Const. art. VII, § I Power Of Taxation
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Ga. Const. art. VII, § I Power Of Taxation Structural section heading for the GA Constitution. Operative constitutional text is stored in child paragraph rows. Source: https://en.wikisource.org/wiki/Constitution_of_the_State_of_Georgia_(1983)
Ga. Const. art. VII, § II, ¶ I Unauthorized tax exemptions void
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Except as authorized in or pursuant to this Constitution, all laws exempting property from ad valorem taxation are void.
Ga. Const. art. VII, § II, ¶ II Exemptions from taxation of property
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(a) (1) Except as otherwise provided in this Constitution, no property shall be exempted from ad valorem taxation unless the exemption is approved by two-thirds of the members elected to each branch of the General Assembly in a roll-call vote and by a majority of the qualified el…
Ga. Const. art. VII, § II, ¶ III Exemptions which may be authorized locally
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(a) (1) The governing authority of any county or municipality, subject to the approval of a majority of the qualified electors of such political subdivision voting in a referendum thereon, may exempt from ad valorem taxation, including all such taxation levied for educational pur…
Ga. Const. art. VII, § II, ¶ IV Current property tax exemptions preserved
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Those types of exemptions from ad valorem taxation provided for by law on June 30, 1983, are hereby continued in effect as statutory law until otherwise provided for by law. Any law which reduces or repeals any homestead exemption in existence on June 30, 1983, or created thereaf…
Ga. Const. art. VII, § II, ¶ V Disabled veteran's homestead exemption
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Except as otherwise provided in this paragraph, the amount of the homestead exemption granted to disabled veterans shall be the greater of $32,500.00 or the maximum amount which may be granted to a disabled veteran under Section 802 of Title 38 of the United States Code as hereaf…
Ga. Const. art. VII, § II Exemptions From Ad Valorem Taxation
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Ga. Const. art. VII, § II Exemptions From Ad Valorem Taxation Structural section heading for the GA Constitution. Operative constitutional text is stored in child paragraph rows. Source: https://en.wikisource.org/wiki/Constitution_of_the_State_of_Georgia_(1983)
Ga. Const. art. VII, § III, ¶ I Taxation; purposes for which powers may be exercised
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(a) Except as otherwise provided in this Constitution, the power of taxation over the whole state may be exercised for any purpose authorized by law. Any purpose for which the powers of taxation over the whole state could have been exercised on June 30, 1983, shall continue to be…
Ga. Const. art. VII, § III, ¶ II Revenue to be paid into general fund
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(a) Except as otherwise provided in this Constitution, all revenue collected from taxes, fees, and assessments for state purposes, as authorized by revenue measures enacted by the General Assembly, shall be paid into the general fund of the state treasury. (b)(1) As authorized by…
Ga. Const. art. VII, § III, ¶ III Grants to counties and municipalities
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State funds may be granted to counties and municipalities within the state. The grants authorized by this Paragraph shall be made in such manner and form and subject to the procedures and conditions specified by law. The law providing for any such grant may limit the purposes for…
Ga. Const. art. VII, § III, ¶ IV Increase in state income tax rate prohibited
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The General Assembly shall not increase the maximum marginal rate of the state income tax above that in effect on January 1, 2015.
Ga. Const. art. VII, § III Purposes And Method Of State Taxation
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Ga. Const. art. VII, § III Purposes And Method Of State Taxation Structural section heading for the GA Constitution. Operative constitutional text is stored in child paragraph rows. Source: https://en.wikisource.org/wiki/Constitution_of_the_State_of_Georgia_(1983)
Ga. Const. art. VII, § IV, ¶ I Purposes for which debt may be incurred
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The state may incur: (a) Public debt without limit to repel invasion, suppress insurrection, and defend the state in time of war. (b) Public debt to supply a temporary deficit in the state treasury in any fiscal year created by a delay in collecting the taxes of that year. Such d…
Ga. Const. art. VII, § IV, ¶ II State general obligation debt and guaranteed revenue debt; limitations
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State general obligation debt and guaranteed revenue debt; limitations. (a) As used in this Paragraph and Paragraph III of this section, 'annual debt service requirements' means the total principal and interest coming due in any state fiscal year. With regard to any issue of debt…
Ga. Const. art. VII, § IV, ¶ III State general obligation debt and guaranteed revenue debt; conditions upon issuance; sinking funds and reserve funds
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(a) (1) General obligation debt maynot be incurred until legislation is enacted stating the purposes, in general or specific terms, for which such issue of debt is to be incurred, specifying the maximum principal amount of such issue and appropriating an amount at least sufficien…
Ga. Const. art. VII, § IV, ¶ IV Certain contracts prohibited
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The state, and all state institutions, departments and agencies of the state are prohibited from entering into any contract, except contracts pertaining to guaranteed revenue debt, with any public agency, public corporation, authority, or similar entity if such contract is intend…
Ga. Const. art. VII, § IV, ¶ V Refunding of debt
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The state may incur general obligation debt or guaranteed revenue debt to fund or refund any such debt or to fund or refund any obligations issued upon the security of contracts to which the provisions of the second paragraph of Paragraph I(a), Section VI, Article IX of the Const…
Ga. Const. art. VII, § IV, ¶ VI Faith and credit of state pledged debt may be validated
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The full faith, credit, and taxing power of the state are hereby pledged to the payment of all public debt incurred under this article and all such debt and the interest on the debt shall be exempt from taxation. Such debt may be validated by judicial proceedings in the manner pr…
Ga. Const. art. VII, § IV, ¶ VII Georgia State Financing and Investment Commission; duties
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(a) There shall be a Georgia State Financing and Investment Commission. The commission shall consist of the Governor, the President of the Senate, the Speaker of the House of Representatives, the State Auditor, the Attorney General, the director, Fiscal Division, Department of Ad…
Ga. Const. art. VII, § IV, ¶ VIII State aid forbidden
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Except as provided in this Constitution, the credit of the state shall not be pledged or loaned to any individual, company, corporation, or association. The state shall not become a joint owner or stockholder in or with any individual, company, association, or corporation.
Ga. Const. art. VII, § IV, ¶ IX Construction
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Paragraphs I through VIII of this section are for the purpose of providing an effective method of financing the state's needs and their provisions and any law now or hereafter enacted by the General Assembly in furtherance of their provisions shall be liberally construed to effec…
Ga. Const. art. VII, § IV, ¶ X Assumption of debts forbidden; exceptions
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The state shall not assume the debt, or any part thereof, of any county, municipality, or other political subdivision of the state, unless such debt be contracted to enable the state to repel invasion, suppress civil disorders or insurrection, or defend itself in time of war.
Ga. Const. art. VII, § IV, ¶ XI Section not to unlawfully impair contracts or revive obligations previously voided
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The provisions of this section shall not be construed so as to: (a) Unlawfully impair the obligation of any contract in effect on June 30, 1983. (b) Revive or permit the revival of the obligation of any bond or security declared to be void by the Constitution of 1976 or any previ…
Ga. Const. art. VII, § IV, ¶ XII Multiyearcontracts for energy efficiency or conservation improvement
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The General Assembly may by general law authorize state governmental entities to incur debt for the purpose of entering into multiyear contracts for governmental energy efficiency or conservation improvement projects in which payments are guaranteed over the term of the contract …
Ga. Const. art. VII, § IV, ¶ XIII Multiyear rental agreements
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The General Assembly may by general law authorize the State Properties Commission, the Board of Regents of the University System of Georgia, and the Georgia Department of Labor to enter into rental agreements for the possession and use of real property without obligating present …
Ga. Const. art. VII, § IV State Debt
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Ga. Const. art. VII, § IV State Debt Structural section heading for the GA Constitution. Operative constitutional text is stored in child paragraph rows. Source: https://en.wikisource.org/wiki/Constitution_of_the_State_of_Georgia_(1983)
Ga. Const. art. VII, § IIA, ¶ I State grants; adjustment amount
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For each taxable year, a homeowner's incentive adjustment may be applied to the return of each taxpayer claiming such state-wide homestead exemption as may be specified by general law. The amount of such adjustment may provide a taxpayer with a benefit equivalent to a homestead e…
Ga. Const. art. VII, § IIA Homeowner'S Incentive Adjustment
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Ga. Const. art. VII, § IIA Homeowner'S Incentive Adjustment Structural section heading for the GA Constitution. Operative constitutional text is stored in child paragraph rows. Source: https://en.wikisource.org/wiki/Constitution_of_the_State_of_Georgia_(1983)