Georgia · 2025-2026 Regular Session · Resolution
HR 1244: Ad valorem tax; business enterprises; rate of assessment of 1,000 or more single family residential properties used for rental income; provisions - CA
Introduced Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HR 1244 is a resolution introduced in the Georgia House on February 5, 2026. According to its official title, it concerns: Ad valorem tax; business enterprises; rate of assessment of 1,000 or more single family residential properties used for rental income; provisions - CA. Primary sponsor: Derrick McCollum (Republican), Mary Margaret Oliver (Democratic), Phil Olaleye (Democratic), Esther Panitch (Democratic), Joseph Gullett (Republican), Chuck Efstration (Republican). Most recent recorded action (February 9, 2026): House Second Readers.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
A RESOLUTION proposing an amendment to the Constitution of the State of Georgia so as to provide that any business enterprise, including, but not limited to, private equity, having an interest in 1,000 or more single-family residential properties within this state used primarily for purposes of generating rental income shall be subject to an ad valorem tax assessment of 100 percent; to provide for related matters; to provide for submission of this amendment for ratification or rejection; and for other purposes.
Sponsors
Sponsors by party (alphabetical): Democratic 3 · Republican 3
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Derrick McCollum | Primary sponsor | Republican | House | 30 |
| Mary Margaret Oliver | Primary sponsor | Democratic | House | 84 |
| Phil Olaleye | Primary sponsor | Democratic | House | 59 |
| Esther Panitch | Primary sponsor | Democratic | House | 51 |
| Joseph Gullett | Primary sponsor | Republican | House | 19 |
| Chuck Efstration | Primary sponsor | Republican | House | 104 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- House Second Readers
- House First Readers
- House Hopper