GA SB302

Peach County residents would receive a homestead exemption of 10 percent of the assessed value of their homestead from county ad valorem taxes, effective January 1, 2026

The exemption does not apply to taxes for county bonded indebtedness, state taxes, school district taxes, or municipal taxes

Residents must file an application with the Peach County tax commissioner; the exemption automatically renews annually as long as the property remains a homestead

The exemption is in addition to any other existing homestead exemptions applicable to county taxes

Requires approval by Peach County voters in a referendum on the Tuesday after the first Monday in November 2025; the Act is automatically repealed if not approved by voters