Georgia HB41 proposes a homestead exemption from Seminole County ad valorem taxes.
Georgia HB41 proposes a homestead exemption from Seminole County ad valorem taxes. The exemption amount is determined annually based on the net proceeds of a new Local Homestead Option Sales Tax (LHOST). The bill mandates an election for voter approval, with the exemption becoming effective if approved. The exemption applies to all ad valorem taxes imposed by the county for all purposes, and the LHOST is imposed within the special district conterminous with Seminole County.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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