General Homestead Exemption with Local Option

Georgia

2017

No Variation in Receipt of Benefits

Exemption

Eligible taxpayers receive an exemption of $2,000 from the assessed value of their primary residence. The exemption applies to property taxes for state, county, and school purposes. Through local option, local taxing jurisdictions may increase the amount of the exemption. Applicants must file the application for homestead exemption between 1 January and 1 April in order to qualify for a benefit that year. Once the initial application has been submitted, the applicant does not need to file another application until he or she experiences a change in eligibility status. The application must be filed with the county tax commissioner or the county board of tax assessors.

Exemption from assessed value

Residential

Only residential property is eligible for this program.

Homeowner

Principal Residence

All homeowners are eligible for the exemption, as long as they occupy the property as their primary residence.

Local government is unable to exercise an option

Local option regarding program features

Local government covers all of its tax loss

State statutes are silent in regard to reimbursement of local tax loss.

GA102_RR17