GA HB1595

Amends the existing $10,000 homestead exemption law for Clarke County and Clarke County School District residents to revise income eligibility criteria for a low-income base year assessed value exemption

Sets the income cap for the homestead exemption at 200 percent of the Federal Poverty Guidelines published by the U.S. Department of Health and Human Services, adjusted for household size

The exemption applies to ad valorem taxes levied by the Unified Government of Athens-Clarke County for unified government purposes, freezing assessments at a base year value for qualifying homeowners

Exemption does not apply to improvements or additional land added after January 1 of the base year, and base year values are adjusted if property is removed from the homestead