GA SB335

Creates a homestead exemption from Chattooga County school district ad valorem taxes for educational purposes equal to the difference between the current year assessed value and the base year assessed value of the homestead

Limits the exemption to homesteads of not more than five contiguous acres and excludes taxes for improvements or additional land added after January 1 of the base year

Requires homeowners to file an application with the Chattooga County tax commissioner, with automatic annual renewal as long as the residence remains occupied as a homestead

Applies to taxable years beginning on or after January 1, 2026, and requires a two-thirds majority vote in both legislative chambers plus voter approval in a November 2025 referendum

Does not affect state, county, municipal, or independent school district ad valorem taxes, and is in addition to any other applicable homestead exemptions