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Habersham County adopts resolution to remain opted in to state assessment-cap amendment (HB 581)
Summary
The commission approved a resolution of intent to opt in to the state constitutional amendment implementing an assessment cap, citing existing local homestead protections that already exceed the amendment’s benefits.
Habersham County commissioners voted to approve a resolution indicating the county intends to remain opted in to the state constitutional amendment commonly called HB 581, which imposes a cap on property assessment increases for qualifying homestead properties.
County staff explained the amendment limits how much an assessed value can increase for homesteaded properties and said the exact cap formula remains subject to state guidance; staff described the county’s existing homestead freeze and exemptions as more advantageous to local taxpayers than the new state measure.
Why it matters: Opting in preserves a path for local governments to later propose a local-option sales tax (LOST or similar local option sales tax) referendum that could be used to roll back millage rates if jurisdictions choose that route. Staff said initial estimates indicate a potential roll-back around 4.4 mills based on recent sales tax receipts if a future local sales-tax referendum were pursued.
Action taken: Commissioners approved the resolution of intent to remain opted in to the state amendment; staff noted entities wishing to opt out must do so by March 1 and hold required public hearings if they choose to opt out.
Next steps: The county will remain opted in and staff will monitor implementing guidance from the state. The measure will be discussed further at the commission’s winter retreat as staff and commissioners consider whether a future local-option sales tax referendum would be appropriate.
