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Bill

HB 805

RELATING TO THE STATE FINANCES.

2025 Regular Session Introduced by Kyle Yamashita

House Bill 805 offers a homestead tax exemption for Dublin homeowners, reducing educational tax burdens from 2026-2030, benefiting residents while impacting school district revenue.

Carried over to 2026 Regular Session.
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Bill Summary · HB 805

Summary of House Bill 805 (HB 805)

Purpose and Intent

House Bill 805 (HB 805) aims to provide a homestead exemption from ad valorem taxes for educational purposes levied by the City of Dublin independent school district. The exemption is designed to alleviate the tax burden on homeowners by allowing them to exempt the amount by which their current assessed property value exceeds a previously established base year value.

Key Provisions

  • Homestead Exemption: Residents of the City of Dublin independent school district will receive a homestead exemption equal to the difference between the current year assessed value of their homestead and its adjusted base year assessed value.

  • Adjusted Base Year Assessed Value: This is calculated based on:

    • The previous adjusted base year assessed value.
    • A maximum increase of 20% of the previous adjusted base year assessed value.
    • Any substantial property changes (additions or improvements) made after the base year.

  • Duration of Exemption: The exemption will apply to tax years from 2026 through 2030.

  • Eligibility and Application: Homeowners must apply for the exemption through the governing authority of the City of Dublin. The exemption is automatically renewed as long as the homeowner continues to occupy the residence as their homestead.

  • Surviving Spouse Provision: The exemption can be continued by the surviving spouse of a deceased homeowner, provided they continue to occupy the residence.

  • Limitations: The exemption does not apply to state or county ad valorem taxes and is not transferable to subsequent property owners.

Affected Parties

  • Homeowners: Residents of the City of Dublin independent school district who own homesteads will benefit from the tax exemption.
  • City of Dublin Independent School District: The school district will experience a reduction in tax revenue due to the exemptions granted.

Procedural Aspects

  • Voting Requirement: The bill requires a two-thirds majority vote in both the Georgia House of Representatives and Senate to become law.

  • Referendum: A municipal election will be held on November 4, 2025, to allow voters in the City of Dublin independent school district to approve or reject the homestead exemption.

  • Effective Date: The bill was signed into law on May 9, 2025, and will take effect immediately.

Conclusion

HB 805 represents an effort to provide financial relief to homeowners in the City of Dublin by reducing their educational tax burden. By establishing a clear framework for the homestead exemption, the bill aims to support local residents while ensuring compliance with constitutional requirements.

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

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