Georgia's intangible tax on new mortgages is:

A is incorrect because Georgia does impose an intangible tax on new mortgages. This tax is a state revenue requirement that must be paid during the closing process, so it is definitely applicable to mortgage transactions in Georgia.

B is incorrect because while $1.50 per $500 mathematically equals $3.00 per $1,000, Georgia's official rate is expressed as $3.00 per $1,000 in state regulations. The question asks for the official rate as stated in Georgia law, not an equivalent calculation.

D is incorrect because $5.00 per $1,000 is not Georgia's intangible tax rate. This rate is higher than the actual $3.00 per $1,000 rate specified in Georgia law for intangible taxes on new mortgages.