State
Georgia
Year
2020
Variations in Receipt of Benefit
No Variation in Receipt of Benefits
Benefit Type
Exemption
Benefit
As of 1 January 2016 the state no longer imposes a property tax. The state tax is repealed as of 1 July 2018. Eligible taxpayers receive a full exemption from property taxes levied by the State. This does not exempt any amount of the value of the homestead from ad valorem taxes levied by counties, municipalities, or school districts. The exemption applies to residential property, and up to 10 acres of land surrounding the home. Any property over this amount is still subject to taxation. An initial application must be filed, and the exemption will be automatically renewed from year to year after that. This exemption may be taken along with other homestead exemptions.
How is Benefit Disbursed
Exemption from assessed value
Eligible Property Type
Residential
Characteristics of Eligible Property
Only residential property is eligible for this program, including up to 10 acres of land surrounding the home.
Eligibility Criteria
Age
Homeowner
Principal Residence
Description of Eligibility Criteria
Eligible applicants must be at least 65 years old on or before 1 January of the year in which the application is made. They must also occupy their property as a primary residence. Eligibility is limited to the primary residence and up to 10 acres of land surrounding the residence.
Local Option in Adoption of Program
Local government is unable to exercise an option
Local Option Regarding Program Features
No local option regarding program features
State Funding for Local Tax Loss
State reimburses all of the local government tax loss
Description of State Funding for Tax Loss
This program applies only to ad valorem taxes levied by the state.
Record ID
GA110_RR20
Footnotes
Sources
Ga. Code Ann. § 48-5-8 (repealed effective 1 July 2018)