GA HB1564

Grants a full homestead exemption from Lee County school district ad valorem taxes for school bond purposes to residents age 67 or older, effective January 1, 2027

Exemption applies only to taxes used to pay interest on and retire county school district bonded indebtedness, not to state, county, municipal, or independent school district taxes

Requires a one-time application with the Lee County tax commissioner; exemption renews automatically each year while the person remains eligible and occupies the homestead

Requires approval by two-thirds majority in both chambers of the General Assembly and by majority vote in a local referendum scheduled for November 2026

Election costs to be borne by the Lee County school district; Act automatically repeals if referendum fails or is not conducted within 365 days