GA SB614

City of Hampton residents who have lived in their homestead for at least 5 years would receive a 100% exemption from city ad valorem taxes for municipal purposes on the total assessed value of their homestead

Exemption applies only to city municipal taxes and does not affect state, county, or school district ad valorem taxes; it is in addition to any other existing homestead exemptions

Requires a two-thirds majority vote in both the Senate and House of Representatives to pass, per Georgia constitutional requirements

Referendum scheduled for the Tuesday after the first Monday in November 2027, requiring majority voter approval in the City of Hampton before taking effect

If approved by voters, the exemption applies to taxable years beginning on or after January 1, 2027; if rejected or election not held, the Act automatically repeals