SNELLVILLE — The City of Snellville will host three public hearings related to House Bill (HB) 581 passed by the Georgia legislature earlier this year.
The change in law, which was contingent on a statewide referendum vote that passed in November 2024, implements a statewide floating homestead exemption designed to offset or reduce increases in taxable value to residential property with a valid homestead exemption. It is also referred to as a base-year or value offset exemption. House Bill 581 also enacts procedural changes in property tax administration and provides for a potential new local option sales tax.
Entities that levy a property tax may opt out of the exemption after holding at least three public hearings and filing a resolution with the Secretary of State by March 1, 2025.
Public hearings for the City of Snellville to receive input from residents will be held:
- Monday, January 13 at 7:30 p.m.
- Thursday, January 30 at 6:30 p.m.
- Monday, February 10 at 6:30 p.m.
All meetings will take place at Snellville City Hall located at 2342 Oak Road.
More information about the public hearings can be found at snellville.org. More information about HB 581 can be found at gacities.com/Legislative-Session/Bill/HB581.