Georgia Local Option Homestead Property Tax Exemption Amendment

Georgia Ballot Measure - Amendment 1

Election: Nov. 5, 2024 (General)

Outcome: Passed

Categories:

Housing and Property
Taxes

Summary


A RESOLUTION proposing an amendment to the Constitution so as to provide for local governments to have the option to offer a state-wide homestead exemption from ad valorem taxes in an amount equal to any amount by which the current year assessed value of a homestead exceeds the inflation rate from the adjusted base year value of such homestead as provided by general law; to provide for the submission of this amendment for ratification or rejection; and for other purposes.

Resources


Official Summary

Source
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