Georgia HB58 proposes a homestead exemption from City of Loganville ad valorem taxes for Walton County residents.

Georgia HB58 proposes a homestead exemption from City of Loganville ad valorem taxes for residents of Walton County. The exemption amount is determined annually based on the net proceeds of a new 1 percent Local Homestead Option Sales Tax (LHOST) within the special district. The exemption applies to all ad valorem taxes imposed by the city for all purposes. The bill requires an election to be held on November 2, 2026, for approval or rejection by Walton County residents. If approved, the exemption will apply to taxable years beginning January 1, 2027, and ending December 31, 2039.

Georgia HB58 proposes a homestead exemption from City of Loganville ad valorem taxes for Walton County residents.

Georgia HB58 proposes a homestead exemption from City of Loganville ad valorem taxes for residents of Walton County. The exemption amount is determined annually based on the net proceeds of a new 1 percent Local Homestead Option Sales Tax (LHOST) within the special district. The exemption applies to all ad valorem taxes imposed by the city for all purposes. The bill requires an election to be held on November 2, 2026, for approval or rejection by Walton County residents. If approved, the exemption will apply to taxable years beginning January 1, 2027, and ending December 31, 2039.