Georgia voters approve ballot measure exempting forestry equipment from property tax

The New York Times
November 9, 2022
Category: Business & Politics
Region: United States, US East

Georgia voters approved by a margin of 59% to 41%, “Referendum A” which will provide an annual ad valorem (property) tax exemption for equipment use for managing, harvesting, and replanting forests. This type of exemption has been available to owners of farm equipment for decades. It will apply to more than 1,200 small businesses that directly support over 5,400 jobs. The Georgia state legislature passed House Bill 997 to approve the tax break unanimously with bipartisan support. The Georgia state legislature passed House Bill 997 to approve the tax break unanimously with bipartisan support.

Read More