Georgia legislation · 2025-2026 Regular Session
Georgia HB1116: Homeownership Opportunity and Market Equalization Act of 2026; enact
Status: Failed, April 2, 2026
A BILL to be entitled an Act to amend Chapters 5 and 8 of Title 48 of the Official Code of Georgia Annotated, relating to ad valorem taxation of property and sales and use taxes, respectively, so as to provide for the acceptance of tax digests in the event of a publication error made by a newspaper; to amend Part 4 of Article 6 of Chapter 2 of Title 20 of the Official Code of Georgia Annotated, relating to financing under the "Quality Basic Education Act," so as to exclude amounts attributable to certain exemptions from ad valorem taxation from the equalized adjusted school property tax digest for the purpose of calculating the local five mill share and equalization grants; to amend Article 1 of Chapter 81 of Title 36 of the Official Code of Georgia Annotated, relating to local government budgets and audits; to provide for a short title; to provide for an effective date and applicability; to provide for related matters; to repeal conflicting laws; and for other purposes.
What the bill says
To amend Titles 20, 21, 36, and 48 of the Official Code of Georgia Annotated, relating to education, elections, local government, and revenue and taxation, respectively, so as to provide for property tax reform; to provide for distribution and use of special district option sales and use tax proceeds (FLOST); to establish a Local Homestead Option Sales Tax (LHOST); to provide for imposition, collection, and distribution of proceeds; to provide for definitions…
From the amended text:
To amend Titles 20, 21, 36, and 48 of the Official Code of Georgia Annotated, relating to education, elections, local government, and revenue and taxation, respectively, so as to provide for property tax reform; to provide for distribution and use of special district option sales and use tax proceeds (FLOST); to establish a Local Homestead Option Sales Tax (LHOST); to provide for imposition, collection, and distribution of proceeds; to provide for definitions; to exclude amounts attributable to certain exemptions from ad valorem taxation from the equalized adjusted school property tax digest for the purpose of calculating the local five mill share and equalization grants; to increase the cap on reserve funds for local school systems; to require the proposed annual operating budget resolution of a local board of education to be approved in a referendum election if such resolution would increase certain revenues raised by the local board of education by a certain amount; to provide that certain proposed increases in revenue collections by local governments must be approved by the voters of such local government; to limit the dates of a special election presenting a question by a local government to increase revenues; to revise provisions relating to certification of assessed taxable value of property and method of computation, resolution or ordinance required for millage rate, and advertisement of …
Sponsors
- Chuck Hufstetler (R, 52) · primary sponsor
- Shaw Blackmon (R, 146) · primary sponsor
- Jon Burns (R, HD-159)
- Chuck Efstration (R, 104)
- Hatchett, Matt (R, 155)
- Cannon, Chas (R, 172)
- Charles Martin (R, 49)
Latest actions
- : House Agreed Senate Amend or Sub As Amended
- : Senate Passed/Adopted By Substitute
- : Senate Third Read
- : Senate Engrossed
- : Senate Read Second Time
- : Senate Committee Favorably Reported By Substitute
- : Senate Read and Referred
- : House Passed/Adopted By Substitute
- : House Third Readers
- : House Withdrawn, Recommitted
Votes
- Senate Vote #974 (April 2, 2026): 24 yea, 28 nay, failed
- House Vote #848 (April 2, 2026): 102 yea, 73 nay, passed
- Senate Vote #881 (March 31, 2026): 31 yea, 19 nay, passed
- House Vote #677 (March 6, 2026): 98 yea, 68 nay, passed
Common questions
- What is HB1116?
- HB1116 is a bill in the Georgia Legislature (2025-2026 Regular Session): Homeownership Opportunity and Market Equalization Act of 2026; enact.
- What does HB1116 do?
- In its own words: To amend Titles 20, 21, 36, and 48 of the Official Code of Georgia Annotated, relating to education, elections, local government, and revenue and taxation, respectively, so as to provide for property tax reform; to provide for distribution and use of special district option sales and use tax proceeds (FLOST); to establish a Local Homestead Option Sales Tax (LHOST); to provide for imposition, collection, and distribution of proceeds; to provide for definitions…
- What is the status of HB1116?
- Failed as of April 2, 2026. Latest action: House Agreed Senate Amend or Sub As Amended (April 2, 2026).
- Who sponsored HB1116?
- Chuck Hufstetler (R, 52), with 6 co-sponsors.
- Where is the official record for HB1116?
- On the Georgia Legislature website: https://www.legis.ga.gov/legislation/72644
Source: official Georgia record. Tracked by Delilah, AI for legislation across all 50 states and Congress.