Ga. Comp. R. & Regs. r. 560-11-11-.05 — Period for Local Board of Tax Assessors to Approve or Deny QFLP Applications

(1) A Local Board of Tax Assessors shall have one hundred twenty (120) days from receipt of an Application for QFLP designation to approve or deny such Application. (2) The Application must be filed with the Local Board of Tax Assessors no later than the last day for filing ad valorem tax appeals of the annual notice of assessment, except that in the case of property which is the subject of a tax appeal of the annual notice of assessment under O.C.G.A. § 48-5-311 , an Application may be filed at any time while such appeal is pending. (3) Upon approval or denial of an Application, the Local Board of Tax Assessors must notify the applicant in the manner provided for in O.C.G.A. § 48-5-306 . (4) If an Application is denied by the Local Board of Tax Assessors, any fees advanced by the applicant shall be returned to the applicant within thirty (30) days of the denial by the Local Board of Tax Assessors. Cite as Ga. Comp. R. & Regs. R. 560-11-11-.05 Authority: O.C.G.A. §§ 48-2-12 , 48-5-7.7 , 48-5-306 . History. Original Rule entitled "Period for Local Board of Assessors to Approve or Deny QFLP Applications" adopted as ER. 560-11-11-0.40-.05. F. and eff. May 22, 2009, the date of adoption. Amended: Permanent Rule of same title adopted. F. June 26, 2009; eff. July 16, 2009. Amended: F. May 18, 2015; eff. June 7, 2015. Amended: New title, "Period for Local Board of Tax Assessors to Approve or Deny QFLP Applications." F. Dec. 16, 2024; eff. Jan. 5, 2025.