House Bill 1526 (AS PASSED HOUSE AND SENATE) By: Representative Greene of the 154th A BILL TO BE ENTITLED AN ACT To repeal a former local constitutional amendment (Ga. L. 1962, p. 808), which former local constitutional amendment was continued in effect as statutory law pursuant to Article VII, Section II, Paragraph IV of the Constitution of Georgia and which provided a five year exemption from local ad valorem property taxes to any person who built, equipped, established, completed, or enlarged a plant for manufacturing or processing in Early County; to provide that exemptions granted prior to the effective date of this Act shall continue for the remainder of their unexpired terms; to repeal conflicting laws; and for other purposes. BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA: SECTION 1. The former local constitutional amendment (Ga. L. 1962, p. 808), which former local constitutional amendment was continued in effect as statutory law pursuant to Article VII, Section II, Paragraph IV of the Constitution of Georgia and which provided a five year exemption from local ad valorem property taxes to any person who built, equipped, established, completed, or enlarged a plant for manufacturing or processing in Early County, is hereby repealed; provided, however, that any property receiving such exemption on the effective date of this Act shall continue to receive such exemption for the remainder of the unexpired five year period granted pursuant to such former local constitutional amendment. SECTION 2. All laws and parts of laws in conflict with this Act are repealed.