HB 581 Resources
House Bill 581 passed during the 2024 legislative session and will usher in significant changes to Georgia’s property and local sales tax systems if adopted by voters in the 2024 general election. This legislation authorizes a statewide floating homestead exemption for all local governments including an opt-out provision, and revises the tax estimate, three-year lock, sales ratio study, and settlement conference statutes. It also simplifies the local sales tax cap and creates a new type of local sales tax for property tax relief.
| Resources |
HB 581 (2024) Frequently Asked Questions Document
HB 581: Homestead Exemption "Opt-Out" Guidance and Model Resolution
Joint ACCG/GMA HB 581 Presentation
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