Bill > HB648

This bill amends a previous law regarding a homestead tax exemption for the City of College Park, Georgia, specifically removing the income cap for disabled residents or residents 65 years and older who qualify for a full exemption from municipal ad valorem (property) taxes. The bill requires a referendum to be held on the Tuesday after the first Monday in November 2025, where voters in College Park will decide whether to approve the removal of the income restriction. If more than half of the votes cast are in favor, the exemption will take effect on January 1, 2026. The bill mandates that the municipal election superintendent conduct the election and publish notice of the vote, with specific language for the ballot. If the election is not properly conducted or the act is not approved, the bill will be automatically repealed. The legislation also requires a two-thirds majority vote in both the Georgia Senate and House of Representatives to become law, in accordance with the state constitution. Residents seeking the exemption must still file an application with the city, providing information about their age and eligibility.

Government Affairs

https://www.legis.ga.gov/legislation/70847