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Bill > HB775


GA HB775

GA HB775
Butts County; school district ad valorem tax; increase homestead exemption


summary

Introduced
03/13/2025
In Committee
03/28/2025
Crossed Over
03/21/2025
Passed
04/07/2025
Dead
Signed/Enacted/Adopted
05/14/2025

Introduced Session

2025-2026 Regular Session

Bill Summary

AN ACT To amend an Act to provide a homestead exemption from Butts County School District ad valorem taxes for educational purposes in the amount of $15,000.00 of the assessed value of the homestead for certain residents of that school district who are 62 years of age or over without regard to their income, approved April 13, 2001 (Ga. L. 2001, p. 4289), so as to increase said homestead exemption to $50,000.00; to provide for compliance with constitutional requirements; to provide for a referendum, effective dates, and automatic repeal; to provide for mandatory execution of election and judicial remedies regarding failure to comply; to provide for related matters; to repeal conflicting laws; and for other purposes.

AI Summary

This bill increases the homestead tax exemption for senior citizens in the Butts County School District from $15,000 to $50,000, specifically for residents who are 62 years of age or older. The bill requires approval through a referendum election to be held during the general primary in 2026, where voters will decide whether to approve the increased tax exemption. If more than half of the votes cast are in favor, the new $50,000 exemption will take effect on January 1, 2027. The bill mandates that the election superintendent must conduct the election and certify the results, with provisions allowing voters to seek a court-ordered mandate if the election is not properly conducted. The bill also requires a two-thirds majority vote in both the Georgia Senate and House of Representatives to become law, and includes standard provisions for repealing conflicting laws and becoming effective upon gubernatorial approval.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

Effective Date 2025-05-14 (on 05/14/2025)

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