Georgia 2023-2024 Regular Session

Georgia House Bill HB1177

Introduced

2/7/24

Introduced

2/7/24

Revenue and taxation; statewide homestead exemption from ad valorem taxes when current year assessed value exceeds base year value; provide

No companion bills found.

Requires direct payment of homestead credit to claimant following sale of qualifying homestead and upon claimant request.

Requires direct payment of homestead credit to claimant following sale of qualifying homestead and upon claimant request.

Debtor exemptions: homestead exemption.

Prohibits homestead property tax rebates and credits and ANCHOR property tax benefits from being paid to property owners who move out of State.

Rescinding a Homestead Exemption Application

Permits eligible claimant who is proportionate owner paying entire property tax bill to collect entire homestead property tax reimbursement amount.

Permits eligible claimant who is proportionate owner paying entire property tax bill to collect entire homestead property tax reimbursement amount.

Debtor exemptions: homestead exemption.