Bill > HB539

This bill proposes to increase the homestead property tax exemption for residents of the Gwinnett County school district from $4,000 to $10,000, which would provide additional tax relief for homeowners. The bill requires approval through two specific processes: first, it must receive a two-thirds majority vote in both the Georgia Senate and House of Representatives, and second, it must be approved by voters in a referendum election to be held during the 2026 general primary. If approved by voters, the increased exemption would take effect on January 1, 2027, meaning homeowners in the Gwinnett County school district would have $10,000 of their home's assessed value exempted from school district ad valorem (property) taxes. The bill includes specific provisions to ensure the election is properly conducted, including mandatory language that allows any voter to seek a court mandate if the election superintendent fails to follow the prescribed election procedures. If voters do not approve the measure or if the election is not properly conducted, the bill will be automatically repealed 365 days after the election date.

Government Affairs

https://www.legis.ga.gov/legislation/70576