Ad valorem tax; property owned by University System of Georgia operated by third party; provide exemption

A BILL to be entitled an Act to amend Chapter 5 of Title 48 of the Official Code of Georgia Annotated, relating to ad valorem taxation of property, so as to provide for an ad valorem tax exemption for property owned by the University System of Georgia that is operated by a third party; to provide that such arrangements shall not constitute special franchises; to provide for a state-wide referendum; to provide for an effective date; to provide for automatic repeal under certain circumstances; to repeal conflicting laws; and for other purposes.