Written by: Joel L. McKie, Esq.
On Tuesday, Georgia Governor Nathan Deal signed SB 458, a bill that modifies Georgia’s conservation use property tax abatement program (commonly known as “CUVA”). The bill, which modifies O.C.G.A. § 48-5-7.4, goes into effect on July 1, 2018.
Georgia’s CUVA program generally allows natural or naturalized citizens, qualifying estates and trusts, and family owned farm entities to often pay lower property taxes where they agree