Georgia Code - Revenue and Taxation - Title 48, Section 48-5-72
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Georgia Laws > Revenue and Taxation > Georgia Code - Revenue and Taxation - Title 48, Section 48-5-72
(a) Any individual aged 62 or older who is entitled to claim a homestead exemption may elect to defer payment of all or part of the ad valorem taxes levied on such individual´s homestead by filing an annual application for tax deferral with the appropriate tax official on or before April 1 of the year for which the deferral is sought. If the homestead for which a deferral is requested has an assessed value for purposes of ad valorem taxation of $50,000.00 or more, the deferral may apply only to the taxes on that portion of the assessed value which is $50,000.00 or less. (b) It shall be the burden of each applicant for a deferral to demonstrate affirmatively his compliance with the requirements of this part.
Last modified: April 27, 2006
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