Georgia Governor Signs Law Providing Homestead Tax Exemption for Augusta-Richmond County

The Georgia Governor signed a law providing a homestead exemption from Augusta-Richmond County ad valorem property taxes. The exemption subtracts a home’s base year assessed value from the current year assessed value, up to the total assessed value of the previous adjusted base year value multiplied by 3.2 percent. The law took effect May 9. [H.B. 850, enacted 05/09/25]

This story was produced by Bloomberg Tax Automation, and edited by Bloomberg Tax staff.