3 ballot questions all Georgians will see when voting in 2024……
House Bill 1022 – The implementation of this policy effectively establishes a statewide exemption, thereby standardizing home values across all counties. Consequently, this diminishes the local municipality’s authority to determine home values and the mileage rate.
House Resolution 598– The proposed Bill aims to integrate the Georgia Tax Court into the jurisdiction of the Superior Court, changing its current structure. If approved, the Governor would appoint the Chief Justice, who would then select the other court members. This measure would eliminate the Georgia Tax Tribunal and establish the Georgia Tax Court.
House Resolution 808- It initially appears favorable to raise the exemption from $6,500 to $20,000; however, a more thorough analysis reveals deeper implications. This adjustment encompasses all tangible “PERSONAL” property, not solely property taxes. Consequently, it could disproportionately benefit individuals in wealthier counties through tax write-offs that may not be accessible to most community members. Notably, the potential annual loss of tax revenue amounting to $250 million poses a significant threat to funding for local schools. This situation may necessitate local counties to consider implementing a local option sales tax to compensate for the shortfall in revenue.