Georgia 2023-2024 Regular Session

Georgia House Bill HB1003

Introduced
1/23/24  
Report Pass
2/1/24  
Introduced
1/23/24  
Report Pass
2/1/24  
Refer
2/6/24  
Engrossed
2/1/24  
Report Pass
2/8/24  
Refer
2/6/24  
Enrolled
4/1/24  
Report Pass
2/8/24  
Chaptered
4/22/24  
Enrolled
4/1/24  
Chaptered
4/22/24  

Caption

Jackson County; school district ad valorem tax for educational purposes; provide homestead exemption

Impact

The enactment of HB 1003 would significantly affect local tax structures by creating a dedicated exemption for a specific demographic group in Jackson County. This bill not only defines the terms under which the exemption is offered but also establishes a voting mechanism for local residents to approve or reject the measure. Assuming the exemption is approved, it would apply to all taxable years beginning on January 1, 2025. The lack of applicability of state and local taxes other than educational taxes ensures that the exemption will not diminish funds allocated for these essential services.

Summary

House Bill 1003 seeks to provide a homestead exemption from ad valorem taxes for educational purposes specifically for senior citizens aged 62 and older residing in the Jackson County school district. The exemption is aimed at alleviating financial pressures on seniors by ensuring they are not taxed on the increase in the assessed value of their homes beyond a certain base year. This provision is intended to support senior citizens, allowing them to retain their homes despite rising property values and corresponding tax assessments.

Sentiment

The sentiment surrounding HB 1003 appears to be generally positive, particularly among those advocating for senior citizen rights and property tax relief. Supporters argue that the bill is a crucial step in recognizing and addressing the financial burdens faced by seniors, especially in a rapidly changing economic landscape. However, potential concerns may arise regarding how the exemption could affect funding for local schools and educational programs, as the bill stipulates the exemption applies solely to the school district's ad valorem taxes.

Contention

Notably, one point of contention may be the requirement that individuals with minor children residing in the homestead are ineligible for the exemption unless specific criteria are met. This raises questions about the fairness of the exemption and might lead to discussions about whether a more inclusive approach could be feasible. Additionally, the necessity for a referendum adds an element of local democratic control, but it also reflects ongoing debates about reliance on direct voter approvals for local tax reforms.

Companion Bills

No companion bills found.

Previously Filed As

GA HB1004

Jackson County; school district ad valorem tax for educational purposes in the amount of $10,000.00; provide homestead exemption

GA SB161

Gordon County; school district ad valorem taxes for educational purposes; provide homestead exemption

GA SB356

Polk County; school district ad valorem taxes for educational purposes; provide homestead exemption

GA SB355

Paulding County; school district ad valorem taxes for educational purposes; provide a homestead exemption

GA SB83

Bartow County; school district ad valorem taxes for educational purposes; provide a homestead exemption

GA SB235

Whitfield County; school district ad valorem taxes for educational purposes; provide a homestead exemption

GA SB352

Jasper County; school district ad valorem taxes for educational purposes; provide a homestead exemption

GA HB1413

Putnam County; ad valorem tax; educational purposes; provide homestead exemptions

GA HB362

Bryan County; ad valorem tax; educational purposes; provide homestead exemption

GA HB770

Oconee County; ad valorem tax; educational purposes; provide homestead exemption

Similar Bills

TX HB3315

Relating to an adjustment of the limitations on school district, county, municipal, and junior college district ad valorem taxes on residential homesteads of elderly and disabled persons and their surviving spouses.

TX HB862

Relating to the transfer of the limitation on school district, county, municipal, or junior college district ad valorem taxes on the residence homestead of a person who is elderly or disabled to a subsequent homestead of that person.

TX HB1648

Relating to the establishment of a limitation on the total amount of ad valorem taxes that a county may impose on the residence homesteads of individuals who are disabled or elderly and their surviving spouses.

TX HB4478

Relating to the establishment of a limitation on the total amount of ad valorem taxes that a county may impose on the residence homesteads of individuals who are disabled or elderly and their surviving spouses.

TX SB32

Relating to the calculation of a limitation on the total amount of ad valorem taxes that may be imposed by certain taxing units on the residence homestead of an individual who is elderly or disabled.

TX SB24

Relating to the calculation of a limitation on the total amount of ad valorem taxes that may be imposed by certain taxing units on the residence homestead of an individual who is elderly or disabled.

TX HB1129

Relating to the authority of a hospital district to establish an ad valorem tax freeze on the residence homesteads of disabled or elderly persons and their surviving spouses.

GA HB824

Dawson County; ad valorem tax; close new applications for certain homestead exemptions for senior citizens