GA HB776

Fulton County school district residents aged 70 or older would receive a 50% homestead exemption on ad valorem taxes for educational purposes, applying to homesteads of up to five contiguous acres

Applicants must have owned and possessed the property and received a homestead exemption in the district for five of the last six years

The exemption replaces any other senior citizen homestead exemptions for Fulton County school taxes but stacks with non-senior homestead exemptions

A referendum will be held on the Tuesday after the first Monday in November 2025, requiring majority approval from Fulton County school district voters

If approved by voters, the exemption takes effect January 1, 2026; if not approved or the election is not held, the Act automatically repeals 365 days after the scheduled election date