GA HB1132

Exempts from state sales and use tax tangible personal property purchased by 501(c)(3) public charities for construction, renovation, or rehabilitation of affordable housing, limited to materials that remain permanently on the property

Applies only to single-family homes financed by the charity through zero-interest loans to first-time homebuyers with household income at or below 80% of the county's HUD-established median income

Requires a 30-year covenant restricting resale of the home to buyers meeting the same 80% median income threshold

Exemption automatically repeals on December 31, 2031

Effective date: January 1, 2027