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Gainesville council votes to opt out of state homestead exemption cap
Summary
After three public hearings, the Gainesville Mayor and Council passed a business resolution to opt out of the statewide floating homestead exemption cap established by House Bill 581, citing dual caps and uncertainty about the state’s floating cap as complicating budgeting and owner notifications.
The Gainesville Mayor and Council voted unanimously Tuesday to adopt business resolution 2025‑O8, declaring the city’s intent to opt out of the statewide homestead exemption cap established by House Bill 581 and implemented under OCGA section 48‑5‑44.2.
City Manager Bridal Lackey told the council this was the third public hearing on the matter and said the city faces two overlapping caps: a local cap…
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