GA HB1563

Increases homestead exemptions from Pike County ad valorem taxes for residents age 65 and older, with amounts based on length of residency: $15,000 for all senior citizens, $20,000 for 5-9 years of residency, $30,000 for 10-19 years, and $50,000 for 20+ years.

Residency time is calculated as total cumulative years lived in the county and does not need to be consecutive.

Requires a two-thirds majority vote in both the Georgia Senate and House of Representatives to pass.

Must be approved by Pike County voters in a referendum scheduled for the Tuesday following the first Monday in November 2026.

If approved by voters, the new exemption amounts take effect January 1, 2027; if rejected or the election is not held, the Act is automatically repealed.