Increase Acre Limit for Conservation Use Property Tax Classification
This amendment changes the Georgia Constitution's limit on how much agricultural and timber land a single owner may qualify for assessment and taxation as bona fide conservation use property. It raises the maximum acreage from 2,000 acres to 4,000 acres. The existing requirements for this classification remain: owners must enter a covenant to keep the land in conservation use, and breaking that covenant within ten years results in recapture of the tax savings and possible other penalties.
A yes vote means
The Constitution is amended to raise the maximum acreage of a single owner's agricultural and timber land that can qualify for conservation use assessment and taxation from 2,000 to 4,000 acres.
A no vote means
The Constitution is not changed; the maximum acreage for conservation use assessment and taxation remains 2,000 acres for a single owner.
Key points
- 1Amends Article VII, Section I, Paragraph III, subparagraph (e)(1) of the Georgia Constitution.
- 2Raises the acreage cap for 'bona fide conservation use property' (agricultural and timber land) from 2,000 acres to 4,000 acres per single owner.
- 3Assessment methods remain based on a formula using current use, annual productivity, and real property sales data, as provided by the General Assembly by general law.
- 4Owners must enter into a covenant to continue the property in bona fide conservation use; breach within ten years results in recapture of tax savings and may bring other penalties.
- 5The five-acre limit for 'bona fide residential transitional property' is unchanged.
Official Georgia Secretary of State / voter-guide content.