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HB 861

Calhoun, City of; school district ad valorem tax; increase homestead exemption for certain residents

2025-2026 Regular Session Introduced by Matt Barton and 1 co-sponsor

House Bill 861 increases homestead tax exemptions for seniors in Calhoun, raising amounts to $50K, $115K, and introducing $125K for those 75+, easing their tax burden.

Effective Date
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WeVote Research Nonpartisan
Bill Summary · HB 861

Summary of House Bill 861 (HB 861)

Purpose and Intent

House Bill 861 (HB 861) aims to amend existing legislation regarding homestead exemptions from ad valorem taxes for educational purposes within the City of Calhoun's independent school district. The bill seeks to increase the homestead exemption amounts for certain age groups, thereby providing financial relief to senior residents.

Key Provisions

The bill proposes the following changes to the homestead exemption amounts:

  1. Residents Aged 65 to 69:

    • Current exemption: $40,000
    • Proposed exemption: $50,000

  2. Residents Aged 70 to 74:

    • Current exemption: $100,000
    • Proposed exemption: $115,000

  3. New Exemption for Residents Aged 75 and Older:

    • Proposed exemption: $125,000

These changes are designed to provide increased financial support to senior residents, particularly as they age and may face rising living costs.

Affected Population

The bill specifically impacts residents of the City of Calhoun who are:
- Aged 65 to 69
- Aged 70 to 74
- Aged 75 and older

These groups will benefit from the increased exemptions, which will reduce their property tax burden related to educational funding.

Procedural Aspects

  • Voting Requirement: The bill requires a two-thirds majority vote in both the Georgia House of Representatives and the Senate to become law.
  • Referendum: A referendum will be held on November 4, 2025, to allow voters in the City of Calhoun to approve or reject the proposed changes. The election will be conducted by the election superintendent, who is mandated to publish details about the election in the local newspaper.
  • Effective Date: If approved by voters, the new exemption amounts will take effect on January 1, 2026. If the referendum fails, the bill will be automatically repealed one year after the election.

Conclusion

HB 861 represents a significant adjustment to the financial support provided to senior residents in the City of Calhoun, aiming to alleviate their tax burdens. The bill's success hinges on voter approval in the upcoming referendum, which will determine whether these increased exemptions will be implemented.

Compiled from official sources — confirm details with the bill’s official record.

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