Fulton Voters Approve Expanded Freeport Exemption by 57%
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During the November 8 General Election, Fulton County voters approved expansion of Freeport Exemption to allow inventory of e-commerce distribution centers to be exempted from Fulton County ad valorem (property) taxes.
More than 57% of voters approved the measure, which was made possible by HB 935, adopted by the General Assembly in 2016.
The expanded Freeport exemption is intended to encourage more e-commerce distribution centers to locate in Fulton. Across the state, growth in e-commerce is expected to create skilled jobs.
Fulton County Vice Chairman Liz Hausmann sponsored legislation to bring this referendum before Fulton County voters.
â€śThis gives Fulton a significant advantage in attracting e-commerce facilities that come with high paying jobs,â€ť said Vice Chairman Hausmann. Expanding the Freeport Exemption is good for business, focuses on future investment and economic growth in Fulton County. Itâ€™s a clear win!â€ť