Georgia legislation · 2025-2026 Regular Session
Georgia SR56: Bona Fide Conservation Use Property; maximum acreage to qualify for assessment and taxation; increase -CA
Status: Passed both chambers, March 31, 2026
A RESOLUTION proposing an amendment to the Constitution so as to increase the maximum acreage to qualify for assessment and taxation as a bona fide conservation use property; to provide for related matters; to provide for the submission of this amendment for ratification or rejection; and for other purposes.
What the bill says
A resolution Proposing an amendment to the Constitution so as to remove the cap on benefits granted pursuant to the Homeowner's Incentive Adjustment clause; to authorize the General Assembly to provide by general law for local grant and adjustment programs; to authorize the General Assembly to provide for a local school system to impose a local option sales tax to offset a reduction in homestead property tax relief; to provide for related matters; to provide for the submission of this amendment for ratification or rejection; and for other purposes.
From the introduced text:
A RESOLUTION Proposing an amendment to the Constitution so as to remove the cap on benefits granted pursuant to the Homeowner's Incentive Adjustment clause; to authorize the General Assembly to provide by general law for local grant and adjustment programs; to authorize the General Assembly to provide for a local school system to impose a local option sales tax to offset a reduction in homestead property tax relief; to provide for related matters; to provide for the submission of this amendment for ratification or rejection; and for other purposes. BE IT RESOLVED BY THE GENERAL ASSEMBLY OF GEORGIA: SECTION 1. Article VII, Section IIA of the Constitution is amended by revising Paragraph I as adjustment amount. (a) For each taxable year, a homeowner's incentive adjustment may be applied to the return of each taxpayer claiming such state-wide homestead exemption as may be specified by general law. The General Assembly by general law may authorize local governments and local school systems to establish local grant programs and to appropriate local tax funds in support of local homeowner's incentive adjustments. S. R. 56 (SUB) LC 33 9919S (b) The amount of such adjustment the adjustment applied pursuant to subparagraph (a) of this Paragraph may provide a taxpayer with a benefit equivalent to a homestead exemption of up to $18,000.00 of the assessed …