GA HB1316

Removes the five-year residency requirement for Walker County school district homestead exemptions for residents age 75 or older, allowing them to immediately qualify for a full exemption from school district ad valorem taxes for educational purposes.

Maintains a $50,000 homestead exemption for residents ages 70-74, with unremarried surviving spouses age 67+ eligible to continue receiving the exemption.

Provides a 100% homestead exemption (full assessed value) for residents age 75 or older, with unremarried surviving spouses age 70+ eligible to continue the exemption.

Requires a referendum on the Tuesday after the first Monday in November 2026, with the exemptions taking effect January 1, 2027 if approved by majority vote.

Requires two-thirds majority approval in both the Georgia Senate and House of Representatives to become law, with election costs borne by Walker County.