City of Brunswick; ad valorem taxes; homestead property determined annually for the special district based upon the proceeds of a new Local Homestead Option Sales Tax (LHOST); provide homestead exemption

Summary

The bill establishes a homestead exemption for ad valorem taxes in the City of Brunswick. Property values for the exemption are set each year based on proceeds from a newly created Local Homestead Option Sales Tax (LHOST). It applies to owners within the designated special district.

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