Ad valorem tax; school districts; state-wide base year homestead exemption; provisions

A BILL to be entitled an Act to amend Code Section 48-5-34 of the Official Code of Georgia Annotated, relating to ad valorem property tax bill form, so as to require the property tax bill for any school district that opts out of the state-wide base year homestead exemption to state the total amount of the school district's reserve funds; to require a statement on the property tax bill regarding certain political subdivisions that do not have in effect a base year homestead exemption; to provide …

Source: OpenStates · fetched April 4, 2025

• HomeownerdirectMinor impactHigh certainty

  Will see increased transparency regarding property tax bills, specifically concerning school district reserve funds and the presence or absence of base year homestead exemptions.

  “to require the property tax bill for any school district that opts out of the state-wide base year homestead exemption to state the total amount of the school district's reserve funds”· Code Section 48-5-34

  “to require a statement on the property tax bill regarding certain political subdivisions that do not have in effect a base year homestead exemption”· Code Section 48-5-34