Tuesday, July 7, 2026
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Revenue and taxation; bona fide conservation use property; permit combination of multiple covenants into a single, new, ten-year covenant
A BILL to be entitled an Act to amend Code Section 48-5-7.4 of the Official Code of Georgia Annotated, relating to preferential assessment for bona fide conservation use property and bona fide residential transitional property, so as to permit the combination of multiple covenants of a single owner into a single, new, ten-year covenant; to provide for exceptions; to provide for related matters; to provide for an effective date; to repeal conflicting laws; and for other purposes.
Source: OpenStates · fetched March 25, 2026
Allows homeowners to combine multiple conservation use property covenants into a single, new ten-year covenant, potentially simplifying property tax assessment and management.
- HomeownerdirectModerate impactHigh certainty
Allows homeowners to combine multiple conservation use property covenants into a single, new ten-year covenant, potentially simplifying property tax assessment and management.
“to permit the combination of multiple covenants of a single owner into a single, new, ten-year covenant”· Code Section 48-5-7.4
- Permits the combination of multiple conservation use property covenants for a single owner into one new ten-year covenant.
- Provides exceptions to this provision.
- Establishes an effective date for the changes.
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