GA SB545

Grants Butts County residents a $50,000 homestead exemption from county ad valorem taxes, with property value exceeding this amount remaining taxable

Requires residents to file an application with the Butts County tax commissioner; exemption automatically renews annually as long as the homestead remains occupied

Exemption applies only to county taxes and does not affect state, school district, or municipal ad valorem taxes; stacks with any other existing county homestead exemptions

Requires voter approval through a referendum on the Tuesday after the first Monday in November 2026, with a simple majority needed for passage

If approved by voters, the exemption takes effect January 1, 2027; if rejected or the election is not held, the Act automatically repeals 365 days after the scheduled election date