Georgia HB36 proposes a homestead exemption from Catoosa County ad valorem taxes based on a new Local Homestead Option Sales Tax.

Georgia HB36 proposes a homestead exemption from Catoosa County ad valorem taxes, funded by a new Local Homestead Option Sales Tax (LHOST). The exemption applies to the assessed value of homestead property within the special district. The bill mandates an election for voter approval, which must receive a two-thirds majority to become law. If approved, the exemption will be in effect from January 1, 2027, until December 31, 2039. The exemption is additional to any other applicable homestead exemptions and applies to those who remain eligible.

Georgia HB36 proposes a homestead exemption from Catoosa County ad valorem taxes based on a new Local Homestead Option Sales Tax.

Georgia HB36 proposes a homestead exemption from Catoosa County ad valorem taxes, funded by a new Local Homestead Option Sales Tax (LHOST). The exemption applies to the assessed value of homestead property within the special district. The bill mandates an election for voter approval, which must receive a two-thirds majority to become law. If approved, the exemption will be in effect from January 1, 2027, until December 31, 2039. The exemption is additional to any other applicable homestead exemptions and applies to those who remain eligible.