Cobb to host a meeting with cities to discuss House Bill 581
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Cobb County's Board of Commissioners will host a meeting on Wednesday, Dec. 18 at 10 a.m. with representatives of the county's seven cities to discuss the ramifications of House Bill 581. This bill became a referendum that voters approved in the November general election.
This meeting can be watched via CobbTV at https://youtube.com/live/_yscAOxCR2c
This legislation authorizes a statewide floating homestead exemption for all local governments including an opt-out provision, and revises the tax estimate, three-year lock, sales ratio study, and settlement conference statutes. It also simplifies the local sales tax cap and creates a new type of local sales tax for property tax relief.