GA HB815

Grants Lowndes County homestead owners a $12,000 exemption from the assessed value of their property for county ad valorem taxes, excluding taxes for bonded indebtedness, school district taxes, state taxes, and municipal taxes

Replaces the existing $6,000 homestead exemption established by a 1980 constitutional amendment; residents currently receiving that exemption will automatically receive the new exemption without filing a new application

Requires a referendum during the 2026 general primary election, with majority voter approval needed for the exemption to take effect on January 1, 2027

Automatically repeals 365 days after the scheduled election date if voters reject the measure or if the election is not conducted