Georgia House Bill HB805

Georgia 2025-2026 Regular Session

• Introduced: 3/20/25
• Report Pass: 3/28/25
• Engrossed: 3/28/25
• Refer: 3/31/25
• Report Pass: 4/2/25
• Enrolled: 4/8/25

Caption

Dublin, City of; school district ad valorem tax; provide homestead exemption

Impact

The bill aims to alleviate the financial burden on homeowners within the City of Dublin by offering a tax break on educational purpose ad valorem taxes. By providing this exemption, it intends to make housing more affordable and potentially encourage residents to remain or settle in the area. The tax relief is particularly beneficial in the context of rising property values, protecting homeowners from substantial tax increases that would otherwise accompany the increased assessed values of their properties during the specified tax years.

Summary

House Bill 805 proposes a homestead exemption from ad valorem taxes for educational purposes levied by the City of Dublin independent school district. The exemption amount is calculated based on the difference between the current year assessed value of a homestead and its adjusted base year assessed value. This bill is limited to tax years 2026 through 2030, after which the exemption would automatically cease unless further action is taken to extend it. The legislation includes definitions of key terms and stipulates that the exemption must be applied for by residents to receive benefits.

Sentiment

The general sentiment surrounding HB 805 appears to be positive, especially among residents who would benefit from reduced tax liabilities. Supporters likely view this measure as a way to increase financial relief during potentially challenging economic circumstances. However, discussions may have arisen regarding the implications for school funding, as reduced tax revenue could affect local educational budgets, leading to a nuanced debate around the balance between tax relief and adequate funding for education.

Contention

Notable points of contention include the potential impact of the homestead exemption on public educational funding. Critics may argue that while homeowners gain immediate financial benefits, the broader implications for the school district's funding could be detrimental, leading to reduced resources available for educational programs. Additionally, the conditions under which the exemption can be obtained and maintained, such as application requirements and stipulations on transferability, could introduce complexities that may deter some homeowners from claiming the exemption.