Georgia legislation · 2025-2026 Regular Session
Georgia HB1457: Ad valorem tax; preferential assessment of affordable home use property; provide
Status: In committee, March 3, 2026
A BILL to be entitled an Act to amend Article 1 of Chapter 5 of Title 48 of the Official Code of Georgia Annotated, relating to general provisions regarding ad valorem taxation of property, so as to provide for preferential assessment of affordable home use property; to provide for procedures, conditions, and limitations; to provide for powers, duties, and authority of county tax commissioners and the Department of Community Affairs with respect to the foregoing; to provide for definitions; to provide for contingent effectiveness and automatic repeal; to provide for related matters; to repeal conflicting laws; and for other purposes.
What the bill says
To amend Article 1 of Chapter 5 of Title 48 of the Official Code of Georgia Annotated, relating to general provisions regarding ad valorem taxation of property, so as to provide for preferential assessment of affordable home use property; to provide for procedures, conditions, and limitations; to provide for powers, duties, and authority of county tax commissioners and the Department of Community Affairs with respect to the foregoing; to provide for definitions; to provide for contingent effectiveness and automatic repeal; to provide for related matters…
From the introduced text:
A BILL TO BE ENTITLED To amend Article 1 of Chapter 5 of Title 48 of the Official Code of Georgia Annotated, relating to general provisions regarding ad valorem taxation of property, so as to provide for preferential assessment of affordable home use property; to provide for procedures, conditions, and limitations; to provide for powers, duties, and authority of county tax commissioners and the Department of Community Affairs with respect to the foregoing; to provide for definitions; to provide for contingent effectiveness and automatic repeal; to provide for related matters; to repeal conflicting laws; and for other purposes. BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA: SECTION 1. Article 1 of Chapter 5 of Title 48 of the Official Code of Georgia Annotated, relating to general provisions regarding ad valorem taxation of property, is amended by adding a new Code section to read as follows: "48-5-7.8. (a) As used in this Code section, the term 'affordable home use property' means property intended to be used for private single-family residential occupancy not to exceed five acres and to be sold to a single low-income family owner. H. B. 1457 LC 44 3376 (b) No property shall qualify for current use assessment as affordable home use property under this Code section unless and until the owner of such property agrees by …