Georgia HB39 proposes a homestead exemption from City of Ringgold ad valorem taxes for residents of Catoosa County.

Georgia HB39 proposes a homestead exemption from City of Ringgold ad valorem taxes for residents of Catoosa County. The exemption amount is determined annually based on the net proceeds of a new 1 percent Local Homestead Option Sales Tax. If approved by voters, the exemption will apply to all taxable years beginning on January 1, 2027, and ending on December 31, 2039. The exemption applies only to portions of real property located within the special district and does not affect other ad valorem taxes. The exemption is in addition to any other applicable homestead exemptions.

Georgia HB39 proposes a homestead exemption from City of Ringgold ad valorem taxes for residents of Catoosa County.

Georgia HB39 proposes a homestead exemption from City of Ringgold ad valorem taxes for residents of Catoosa County. The exemption amount is determined annually based on the net proceeds of a new 1 percent Local Homestead Option Sales Tax. If approved by voters, the exemption will apply to all taxable years beginning on January 1, 2027, and ending on December 31, 2039. The exemption applies only to portions of real property located within the special district and does not affect other ad valorem taxes. The exemption is in addition to any other applicable homestead exemptions.