Wednesday, February 21, 2024

Lawmakers Consider Limiting Property Taxes in Georgia

Rising home values prompt Georgia lawmakers to propose a 3% cap on annual increases in assessed values.
House Speaker suggests doubling homestead tax exemption, aiming to reduce statewide tax bills by ~$100M.



Original post here: Lawmakers Consider Limiting Property Taxes in Georgia

No comments:

Post a Comment

Georgia Fights Property Tax Surge: Capping vs. Exempting

Home values in Georgia have surged, leading property taxes to ↑ 41% since 2018. Lawmakers are proposing solutions: 1. Senate: – Cap an...