Bill > HB841

This bill provides a property tax exemption for senior citizens in the Pickens County school district by allowing homeowners who are 62 years of age or older and have a household income of $40,000 or less to receive a $40,000 exemption from school district ad valorem (property) taxes. The exemption applies specifically to the assessed value of the homestead, which can include up to five contiguous acres, and will take effect on January 1, 2026, but only if approved by a voter referendum in November 2025. To claim the exemption, seniors must file an initial application with the Pickens County tax commissioner, providing information about their age and income, after which the exemption will be automatically renewed each year as long as they continue to meet the eligibility requirements. The bill requires a two-thirds majority vote in both legislative chambers to pass and stipulates that the exemption is in addition to no other existing homestead exemptions for this school district. If voters do not approve the measure or if the election is not properly conducted, the bill will be automatically repealed, ensuring that the tax exemption only takes effect with local voter support.

Government Affairs

https://www.legis.ga.gov/legislation/71643