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Georgia · 2025-2026 Regular Session · Bill

HB 703: Peachtree City, City of; ad valorem tax for municipal purposes; homestead exemption; increase income cap

Enacted Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

HB 703 is a bill introduced in the Georgia House on March 3, 2025. According to its official title, it concerns: Peachtree City, City of; ad valorem tax for municipal purposes; homestead exemption; increase income cap. Primary sponsor: Josh Bonner (Republican), Karen Mathiak (Republican), Debra Bazemore (Democratic), Derrick Jackson (Democratic). Most recent recorded action (May 13, 2025): Effective Date.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written

Official summary

Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.

A BILL to be entitled an Act to amend an Act to provide for a homestead exemption from City of Peachtree City ad valorem taxes for municipal purposes in the amount of $5,000.00 of the assessed value of the homestead for residents of that city who are 65 years of age or over and whose income does not exceed $30,000.00, approved May 5, 2005 (Ga. L. 2005, p. 3719), so as to increase the income cap related to qualifying for such exemption to $60,000.00; to increase the value of the exemption to $30,000.00 of the assessed value; to provide for compliance with constitutional requirements; to provide for a referendum, effective dates, and automatic repeal; to provide for mandatory execution of election and judicial remedies regarding failure to comply; to provide for related matters; to repeal conflicting laws; and for other purposes.

Sponsors

Sponsors by party (alphabetical): Democratic 2 · Republican 2

NameRolePartyChamberDistrict
Josh BonnerPrimary sponsorRepublicanHouse73
Karen MathiakPrimary sponsorRepublicanHouse82
Debra BazemorePrimary sponsorDemocraticHouse69
Derrick JacksonPrimary sponsorDemocraticHouse68

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. Effective Date
  2. Act 212
  3. House Date Signed by Governor
  4. House Sent to Governor
  5. Senate Passed/Adopted
  6. Senate Committee Favorably Reported
  7. Senate Read and Referred
  8. House Passed/Adopted
  9. House Third Readers
  10. House Committee Favorably Reported
  11. House Second Readers
  12. House First Readers

Showing 12 most recent of 13 actions. Full history

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source