GA HB1145

Creates a statewide homestead exemption freezing property tax assessments at the base year value for qualifying public service employees, exempting any increase in assessed value from ad valorem taxes

Qualifying public service employees include firefighters, paramedics, law enforcement officers, teachers, school administrators, paraprofessionals, and hospital employees earning 150% or less of area median income

Exemption applies to state, county, municipal, and school district ad valorem taxes but excludes taxes for bonded indebtedness and does not cover new improvements or additional land added after the base year

Exemption does not transfer to subsequent property owners and replaces (rather than adds to) any other homestead exemptions the owner may qualify for

Requires a two-thirds legislative vote and statewide voter approval in November 2026, with an effective date of January 1, 2027 if approved