Bill > HB1307

This bill proposes to amend an existing law that incorporated the City of Brookhaven, Georgia, to increase the homestead exemption for senior citizens and disabled persons from their current exemption amount to $200,000.00. A homestead exemption is a tax break that reduces the amount of property tax owed on a person's primary residence. The bill specifies that this increased exemption will apply to the assessed value of the homestead and outlines the terms and conditions for eligibility and the procedures for its implementation. For this Act to become law, it must receive a two-thirds majority vote in both the Georgia Senate and House of Representatives, and then be approved by the voters of Brookhaven in a special election to be held in November 2026, with the exemption taking effect on January 1, 2027, if approved. The bill also includes provisions for automatic repeal if the election is not conducted properly or if the Act is not approved, and mandates that the municipal election superintendent of Brookhaven must conduct the election, with legal remedies available to ensure compliance.

Government Affairs

https://www.legis.ga.gov/legislation/73195