GA HB745

City of Loganville homestead owners would receive an exemption from municipal ad valorem taxes equal to the amount their current assessed value exceeds an adjusted base year value, effectively freezing their taxable value with limited annual increases tied to inflation plus 25 basis points

The base year assessed value for homeowners receiving the exemption in 2026 would be set at their 2024 assessed value; substantial property improvements would be added to the taxable base

Homeowners who had a homestead exemption in 2025 would automatically qualify for 2026 without filing a new application; surviving spouses may continue receiving the exemption

The exemption applies only to City of Loganville municipal taxes, not state, county, or school district taxes, and takes effect January 1, 2026

Requires voter approval at a referendum on the Tuesday following the first Monday in November 2025; if not approved, the Act automatically repeals 365 days after the election date