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Bill Summary · HB 814

Summary of House Bill 814: Relating to Affordable Housing

Bill Number: HB 814
Introduced: March 21, 2025
Status: Carried over to 2024 Regular Session
Subject Areas: Counties, Educational Institutions, Medical Institutions, Nonprofit Organizations, Religious Institutions, Zoning

Purpose and Intent

House Bill 814 aims to provide financial relief to senior residents of Lowndes County, Georgia, by offering homestead exemptions from county ad valorem taxes. The bill specifically targets residents aged 65 and older, with increased benefits for those aged 70 and older, thereby promoting affordable housing for senior citizens.

Key Provisions

  • Homestead Exemptions:

    • Residents aged 65 years and older are eligible for a $40,000 exemption on the assessed value of their homestead from Lowndes County ad valorem taxes.
    • Residents aged 70 years and older qualify for a $50,000 exemption on the assessed value of their homestead.

  • Eligibility and Application:

    • To receive the exemption, eligible residents or their agents must file an application with the Lowndes County tax commissioner.
    • Residents who already benefit from a $10,000 exemption established by a prior constitutional amendment will automatically qualify for the new exemptions without needing to reapply.

  • Automatic Renewal:

    • The exemptions will automatically renew each year as long as the individual continues to occupy the residence as their homestead.

  • Exemption Limitations:

    • The exemptions apply only to county ad valorem taxes and do not affect state taxes, educational taxes, or municipal taxes.
    • The exemptions are in lieu of any other homestead exemptions applicable to Lowndes County ad valorem taxes.

  • Effective Date:

    • The exemptions will apply to all taxable years beginning on or after January 1, 2027, contingent upon voter approval.

Procedural Aspects

  • The bill requires a two-thirds majority vote in both the Georgia House of Representatives and Senate to become law.
  • A referendum will be held during the 2026 general primary election to allow Lowndes County voters to approve or reject the bill.
  • If approved, the bill will take effect on January 1, 2027. If not approved, it will be automatically repealed one year after the election.

Impact

This legislation is expected to significantly benefit senior residents of Lowndes County by reducing their tax burden, thereby making housing more affordable. It also aims to encourage seniors to remain in their homes, contributing to community stability and well-being.

This summary provides an overview of House Bill 814, highlighting its purpose, key provisions, and potential impacts on the residents of Lowndes County.

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

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