Georgia HB81 proposes a homestead exemption from City of Santa Claus ad valorem taxes based on a new Local Homestead Option Sales Tax.

Georgia HB81 proposes a homestead exemption from City of Santa Claus ad valorem taxes for residents in Toombs County. The exemption amount is determined annually based on the net proceeds of a new Local Homestead Option Sales Tax (LHOST). The exemption applies to all ad valorem taxes imposed by the city for all purposes. The exemption is subject to a referendum election on November 2, 2026, and will become law if approved by a majority vote. If not approved, the bill will be automatically repealed.

Georgia HB81 proposes a homestead exemption from City of Santa Claus ad valorem taxes based on a new Local Homestead Option Sales Tax.

Georgia HB81 proposes a homestead exemption from City of Santa Claus ad valorem taxes for residents in Toombs County. The exemption amount is determined annually based on the net proceeds of a new Local Homestead Option Sales Tax (LHOST). The exemption applies to all ad valorem taxes imposed by the city for all purposes. The exemption is subject to a referendum election on November 2, 2026, and will become law if approved by a majority vote. If not approved, the bill will be automatically repealed.