Local governments moving toward limiting property tax increases through HB 581

County opting in for HB 581

By Ben Murray The Clinch County Board of Commissioners has decided to not opt out of House Bill 581.  At their meeting on Monday February 3, Tanya O’Berry was the lone commissioner to vote to opt out of the bill.  The bill will cap the annual increase in property values for tax purposes.  It also requires parcels to be appraised at least once every three years, allowing property values to be locked for three years. Both the City of Homerville an…

Girard City Council to hold public hearing on HB 581 Homestead Exemption - The True Citizen

The language below is required by law. The City Council of Girard, Georgia is having public hearings to gather citizen input and have made no decision to opt-out at this time. The City Council of Girard, Georgia intends to opt out of the statewide adjusted base year ad valorem homestead exemption for the City of Girard, Georgia. All concerned citizens […] We're sorry! This content is only available to online subscribers. Please login below or S…

Local governments moving toward limiting property tax increases through HB 581

House Bill 581 introduces a statewide floating homestead exemption to cap property tax increases at the rate of inflation and allows local governments to implement a sales tax to offset property tax reductions. Statesboro officials must decide by March 1, 2025, whether to opt out of the exemption, while discussions on a potential sales tax referendum continue.