Georgia HB65 proposes a homestead exemption from City of Dahlonega ad valorem taxes for residents of Lumpkin County.

Georgia HB65 proposes a homestead exemption from City of Dahlonega ad valorem taxes for residents of Lumpkin County. The exemption amount is determined annually based on the net proceeds of a new Local Homestead Option Sales Tax (LHOST) within the special district. The exemption applies to the assessed value of the homestead property. The bill includes provisions for a referendum, effective dates, automatic repeal if not approved, and judicial remedies for non-compliance.

Georgia HB65 proposes a homestead exemption from City of Dahlonega ad valorem taxes for residents of Lumpkin County.

Georgia HB65 proposes a homestead exemption from City of Dahlonega ad valorem taxes for residents of Lumpkin County. The exemption amount is determined annually based on the net proceeds of a new Local Homestead Option Sales Tax (LHOST) within the special district. The exemption applies to the assessed value of the homestead property. The bill includes provisions for a referendum, effective dates, automatic repeal if not approved, and judicial remedies for non-compliance.