The Georgia Governor enacted a law providing a $75,000 property tax exemption for residents aged 70 or older in the Madison County school district. The law provides definitions, terms, and conditions for the exemption and compliance with constitutional requirements. The law takes effect on Jan. 1, 2027, if approved by voters in a referendum. [H.B. 1515, enacted 05/11/26]
This story was produced by Bloomberg Tax Automation, and edited by Bloomberg Tax staff.
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