"Georgia Hemp Farming Act"; total THC concentration of consumable hemp products; provide limits
What changed between versions
All text related to the 'Georgia Hemp Farming Act,' including definitions for cannabis, rules for impounding hemp products, and regulations on consumable hemp product testing and labeling, was removed.
New provisions were added to create 159 special districts within counties to collect sales and use tax proceeds specifically for funding local homestead exemptions.
New definitions were established for 'Eligible local government' and 'Homestead property' to determine which areas and properties qualify for the new tax relief program.
Requirements were added mandating that proceeds from the new Local Homestead Option Sales Tax (LHOST) be used exclusively to reduce ad valorem property taxes for qualifying local governments.
The eligibility criteria for local governments to impose special taxes were revised to explicitly allow for the funding of homestead exemptions under the new LHOST framework.
How they voted
Actions timeline
Sponsors
