GA HR1418

Proposes a constitutional amendment to impose a 1 percent statewide sales and use tax dedicated to property tax relief for counties and consolidated governments

Distributes tax proceeds annually to counties and consolidated governments based on population according to the most recent U.S. decennial census

Requires proceeds to be used first to reduce ad valorem taxes on residential homestead property, then on other real property, with any remaining funds available for other purposes as determined by local governing authorities

Exempts this tax from existing caps on local sales taxes and from food and beverage sales tax exemptions

Requires voter ratification through a statewide ballot referendum to amend the Georgia Constitution