Georgia Expands Level 1 Freeport Exemption to Certain Electric Utility Inventory

May 21, 2026, 6:30 PM UTC

The Georgia Governor signed a law expanding the state’s optional Level 1 freeport ad valorem tax exemption to include certain electric utility inventory and equipment held for use in electric generation, transmission, and distribution infrastructure projects. The law took effect on May 11. [H.B. 1261, enacted 05/11/26]

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