Homestead Exemption for the Elderly with Local Option

State

Georgia

Year

2022

Variations in Receipt of Benefit

No Variation in Receipt of Benefits

Benefit Type

Exemption

Benefit

Eligible taxpayers receive an exemption from assessed value of $4,000 for all county property taxes, which counties may increase at local option.

How is Benefit Disbursed

Exemption from assessed value

Eligible Property Type

Residential

Characteristics of Eligible Property

Only residential property is eligible for this program.

Eligibility Criteria

Age

Homeowner

Income Ceiling

Principal Residence

Description of Eligibility Criteria

Eligible applicants must be at least 65 years old, occupy the property as their primary residence, and have an income of $10,000 or less in the prior year. The income requirement excludes income from retirement sources, pensions, and disability payments up to the maximum amount allowed to be paid to an individual and spouse under Social Security. Local taxing jurisdictions may establish additional eligibility criteria based on age or income.

Local Option in Adoption of Program

Local government is unable to exercise an option

Local Option Regarding Program Features

Local option regarding program features

State Funding for Local Tax Loss

Local government covers all of its tax loss

Description of State Funding for Tax Loss

State statute is silent in regard to reimbursement of local tax loss.

Record ID

GA101_RR22

Footnotes

For the purposes of this exemption, income does not include survivor or disability benefits under the Social Security Act, public or private retirement, disability, or pensions. Local homestead exemptions may be granted by local taxing jurisdictions upon approval by a majority of the qualified electors residing within the local taxing jurisdiction. Applicants must file the application for the 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 they experience a change in eligibility status. The application must be filed with the county tax commissioner or the county board of tax assessors.

Sources

Ga. Code Ann. § 48-5-47 (in effect for 2022)
Source Constitution: 
Ga. Const. Art. VII, § 2
Georgia Department of Revenue, Application for Homestead Exemption (General)
[https://dor.georgia.gov/sites/dor.georgia.gov/files/related_files/document/LGS/Form/LGS-Homestead_Application_for_Homestead_Exemption.pdf Accessed 11/29/2023]
View Archived Source

Georgia Department of Human Services, Senior Homeowner's Resource Guide, Page 25-28 (2008)
[http://dhs.georgia.gov/sites/aging.georgia.gov/files/imported/DHR-DAS/DHR-DAS_Newsletter/GA%20Senior%20Homeowners%20Guide.pdf Accessed 11/29/2023]
View Archived Source
Georgia Department of Revenue, Property Tax Homestead Exemptions
[https://dor.georgia.gov/property-tax-exemptions Accessed 11/29/2023]
View Archived Source

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