GA HB66

Creates the "Alternative Homestead Option Sales and Use Tax Act of 2026," establishing 159 special districts (one per county) authorized to levy a 1% local sales and use tax

Requires voter approval via referendum for both the sales tax and an accompanying homestead exemption of up to 100% of assessed homestead value from county taxes

Distributes tax proceeds in two parts: up to 25% (capital factor) for capital outlay projects (limited to road improvements for counties), and the remainder to fund homestead exemptions replacing lost property tax revenue

Tax applies to motor fuels at 1% of retail price up to $3.00 per gallon, and applies to food, food ingredients, and alcoholic beverages as specified in existing law

Sales tax and homestead exemption terminate after 10 years but may be renewed through the same referendum process; cannot be levied in counties already collecting taxes under Article 2 of the chapter