
A New Era of Property Taxes in Georgia
Photo by Tierra Mallorca on Unsplash
On January 28th, house speaker Jon Burns (R-District 159) proposed SB 382, which ushers in a new era of Georgia homeowner protections as the bill will officially end property taxes on homes by 2032. House prices have risen since 2020 during the COVID-19 pandemic in the state and in 2024 the House enacted HB 581 that would soon send a tidal wave of new bills that will change how properties and even income taxes are assessed in the state. Co-writer of Senate Bill 382 includes Chuck Hufstetler (R- District 52) and 24 co-authors. The Republican-led Senate are spearheading not one but two related bills that would eliminate certain heavy taxes on Georgians. But as of February 3rd, it has been passed by the senate and was praised by the Republican majority as a step in the right direction for this year’s session. This bill mandates that anything from primary homes to schools also have to comply with the new regulations this bill will require, as the freezing of homestead values based on assessments done yearly will determine price intent. Burns addresses concerns about funding for public schools in the state as the bill clarifies that schools will be able to use sales taxes that have been recycled throughout the state and take into factor the surrounding political districts budgets. This Bill works in tandem with a previously passed Bill (House Bill 581) as it started the process of Georgians having capped taxes on their primary residence.
Georgia locals feel mixed feelings about this bill as the new rush on tax-related bills for this year it raises questions about the future of homestead prices, public ownership of buildings and local services.
House Speaker Burns addressed the Georgia General Assembly Thursday Friday, 28th to introduce a House Bill that will officially close out Georgia’s era of property tax on constituents. This Atlanta Journal Constitution tweet links to an article detailing Senate Bill 382 and its contents.
An Atlanta local in this tweet responding to the AJC article, disagrees with the details of HB 382 as it does not address issues with privately owned buildings in metro Atlanta. This raises a question of rights of renters in apartments throughout the city and state. He also mentions how the elimination of property tax and eventually income tax will make it harder for lower-class families in the state, resulting in a wider gap between overall protection and wealth.
Another Atlanta local details in this response to the Everything Georgia tweet that detailed Burns’ plans to completely remove property taxes by 2023 that he is worried about services in Atlanta and surrounding counties and cities could not keep up with the surge of sales tax, leading to services being slowed or even completely closed to Georgians who need them the most.
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