GA HB787

Provides a $50,000 homestead exemption from City of Chickamauga ad valorem taxes for municipal purposes for residents aged 70 or older who have lived in the city for at least five years

Unremarried surviving spouses aged 67 or older may continue receiving the exemption if they remain in the home

Exemption applies only to municipal taxes, not state, county, or school district taxes, and replaces any other municipal homestead exemption

Requires voter approval via referendum on the Tuesday after the first Monday in November 2025

Exemption takes effect January 1, 2026 if approved by voters; the act is automatically repealed if the referendum fails or is not conducted