Environment

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 remove a limitation on leased property as to certain entities; to provide for related matters; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.

HB 90 amends Georgia's tax code to raise the maximum acreage limit for land to qualify for preferential tax assessment as conservation property. This change directly affects landowners who manage large tracts of land for conservation purposes, allowing properties exceeding the previous size threshold to maintain lower tax rates. The key provision increases the acreage cap under Code Section 48-5-7.4, ensuring more conservation land qualifies for reduced taxation. The bill takes effect January 1, 2027, and repeals conflicting tax laws.