Bill > HB1203

This bill modifies an existing law that provides a homestead exemption from Chatham County school district ad valorem taxes, which are taxes on property used for educational purposes. The original law allowed homeowners to receive an exemption equal to the difference between their current home's assessed value and its base year assessed value. This bill amends that law to state that any homeowner who is already receiving a specific type of homestead exemption from Chatham County and the City of Savannah School District ad valorem taxes, as granted by a 1999 law (Ga. L. 1999, p. 4215), will automatically receive the exemption provided by this new law without needing to apply for it separately, as long as they were eligible for and had applied for the 1999 exemption by December 31, 2026. The bill also repeals any conflicting laws.

Government Affairs

https://www.legis.ga.gov/legislation/72879