Georgia HB1595 revises the income cap calculation for the low-income base year assessed value homestead exemption from ad valorem taxes in Clarke.
Georgia HB1595 amends the exemption process for ad valorem taxes in Clarke County, Georgia. It revises how the income cap is calculated for the low-income base year assessed value homestead exemption. This change affects residents of Clarke County and the Clarke County School District, providing a $10,000 exemption from certain ad valorem taxes. The exemption is based on the household income of the resident and the corresponding year's United States Federal Poverty Guidelines. The exemption does not apply to taxes on improvements or additional land added after the base year.
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