Georgia HB23 proposes a homestead exemption from City of Arlington ad valorem taxes for Calhoun County residents.

Georgia HB23 provides a homestead exemption from City of Arlington ad valorem taxes for Calhoun County residents. The exemption amount is determined annually based on the proceeds of a new Local Homestead Option Sales Tax (LHOST). This exemption applies to all ad valorem taxes imposed by the city for all purposes. The exemption is mandatory and does not affect other ad valorem taxes. It applies only to portions of real property located within the special district and is in effect for taxable years beginning on January 1, 2027, and ending on December 31, 2039.

Georgia HB23 proposes a homestead exemption from City of Arlington ad valorem taxes for Calhoun County residents.

Georgia HB23 provides a homestead exemption from City of Arlington ad valorem taxes for Calhoun County residents. The exemption amount is determined annually based on the proceeds of a new Local Homestead Option Sales Tax (LHOST). This exemption applies to all ad valorem taxes imposed by the city for all purposes. The exemption is mandatory and does not affect other ad valorem taxes. It applies only to portions of real property located within the special district and is in effect for taxable years beginning on January 1, 2027, and ending on December 31, 2039.