Georgia lawmakers looking to address House Bill 581 opt-out

(The Center Square) – A long list of government entities are opting out of a Georgia bill that would freeze property assessment at the rate of inflation.

But some lawmakers are considering legislation to remove that option.

Sen. Chuck Hufstetler, R-Rome, is one of those lawmakers. Rather than introducing a bill that would mandate the tax break statewide, it will be a trend among lawmakers to introduce bills specific to their counties where entities are opting out, he told The Center Square.

The bills would be introduced in the Senate’s State and Local Government Operations Committee.

House Bill 581 was approved by 63% of Georgia voters in November. The entities electing to opt out have given different reasons.

- Advertisement -

“In order to maintain the level of educational services, we would continue to raise the millage rate,” Oglethorpe County School Superintendent Beverley Levine said in a story posted in the Oglethorpe Echo. “We do not want folks in Atlanta determining what is best for Oglethorpe County.”

Gwinnett County, the state’s second most populous county, says it has a local homestead exemption that protects property owners, officials said on its website. Any increases in property taxes are because of cities and the school board, the county said.

Local governments have until March 1 to file their intent to opt-out with the secretary of state. The entities must show that they held three public hearings, with one being held in the evening hours on a business day, that were publicized by local media.

Some governments have held their first hearings.

In Montgomery County, one resident said the decision to enact the exemption was already made by the voters. Sixty-three percent of Georgia voters approved the measure.

K.C. Seabury told the Montgomery County Board of Education his home was affected by the recent hurricane and he has struggled to pay his property taxes.

- Advertisement -

“I’m here today to say, as one taxpayer, I’m offended that it’s even being considered because it has a lot of implications that can be worked around besides just stamping it and saying, ‘yep, we’re going to raise it. We’re going to opt out and do what we want to do,” Seabury said in an article published in The Advance News.

Some governments are still deciding if they will opt out of the exemption.

The Tax Foundation had a different take on the bill, saying it could affect the housing market.

“There would be a significant disincentive for current homeowners to sell their homes since they will experience the full force of assessments based on higher prices in the real estate market,” the organization said in an October 2024 analysis. “Likewise, prospective homebuyers in 2025 and beyond will have a harder time accessing housing that fits their current budgets due to the unwillingness of current homeowners to list their houses on the market, and the disincentives this policy creates for new construction.”

spot_img
spot_img

Hot this week

African and Caribbean Nations Call for Reparations for Slave Trade, Propose Global Fund

Nations across Africa and the Caribbean, deeply impacted by...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Entertainment district benefits don’t outweigh the cost, economists say

(The Center Square) — Weeks later, after more details...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

Delivery companies, businesses urge changes to proposed Seattle deactivation law

(The Center Square) – App-based delivery network companies and...

Youngkin wields veto pen on final day to act on bills

(The Center Square) – Gov. Glenn Youngkin wielded his...

Tax on vaping products, new database headed to the Senate

(The Center Square) – A Tennessee bill that would...

One Pennsylvania doctor’s love letter to rural health care

(The Center Square) - The facts and figures around...

Foreign influence in higher ed addressed in expanded oversight bill

(The Center Square) – Transparency and foreign gift reporting...

Ayotte signs bill overhauling New Hampshire’s bail reform law

(The Center Square) — New Hampshire Gov. Kelly Ayotte...

Op-Ed: How Mississippi eliminated the income tax

Mississippi has made history as the first state in...

More like this
Related

Report: Wisconsin utilities have excellent water quality, poorer finances

(The Center Square) – A new report from the...

Delivery companies, businesses urge changes to proposed Seattle deactivation law

(The Center Square) – App-based delivery network companies and...

Youngkin wields veto pen on final day to act on bills

(The Center Square) – Gov. Glenn Youngkin wielded his...

Tax on vaping products, new database headed to the Senate

(The Center Square) – A Tennessee bill that would...