The Georgia State Legislature passed a bill that would increase the personal property tax exemption from $7,500 to $20,000. The increase requires voter approval at the general election in Nov. 2024.
The measure was introduced into the state Legislature as House Bill 808 (HB 808). On Feb. 26, 2024, the Georgia House of Representatives voted 125-42 to pass the bill. All 42 no votes came from Democratic representatives. On March 26, the Senate passed the measure in a vote of 51-0.
Under the state constitution, property tax exemption bills require a two-thirds supermajority vote (rather than a simple majority vote) in the state legislature. A majority of voters must approve them.
