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Stephens County commissioners vote to opt in to House Bill 581 adjusted base-year provision

Stephens County Board of Commissioners · February 26, 2025
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Summary

After a brief discussion about long- and short-term impacts, the Stephens County Board of Commissioners voted to opt into House Bill 581’s adjusted base-year ad valorem homestead exemption provisions, directing staff to continue due diligence on implementation.

Stephens County commissioners voted to opt in to the adjusted base-year approach established under House Bill 581 after a short discussion of its potential effects on property tax assessments. A commissioner who led the discussion said the county’s current homestead exemption would remain while the bill changes how limited growth in assessed value is calculated.

Commissioner (S2) explained, “your current homestead exemption will not change.” Commissioners emphasized they wanted time to understand both short-term and long-term implications before finalizing implementation details. The chair then called for a voice vote and the board announced it would opt in to HB 581. The item was discussed under the statutory citation noted in the meeting packet (referenced in the transcript as OCGA 48-5-44.2).