Official Press Releases
ATLANTA (April 3, 2018) | Senate Bill 485, sponsored by Sen. Jen Jordan (D – Atlanta), passed the Senate and House Floors on Thursday, March 29. SB 485 would increase the homestead exemption from City of Atlanta Independent School District ad valorem taxes to $50,000 of the assessed value of a homestead exceeding $10,000.
Continue reading “Homestead Tax Exemption Bill Passes Senate and House Floors”
ATLANTA (March 28, 2018) | Sen. Jen Jordan (D – Atlanta) recognized former Georgia Governor Zell Miller for the establishment of the HOPE Scholarship which provided her the opportunity to go to college and later pursue a career in law and as a state senator. Continue reading “Sen. Jen Jordan Recognizes Zell Miller for His Establishment of the HOPE Scholarship”
ATLANTA (March 7, 2018) | Sen. Jen Jordan (D – Atlanta) today filed two Senate Bills that would increase certain homestead tax exemptions and establish a new homestead exemption.
“Our community recently saw a major increase in our assessed home values, which in turn increased our taxes,” said Sen. Jordan. “This came with no warning or explanation, and it does not make sense for residents to suffer the consequences of a mistake they had no hand in creating. Senate Bills 485 and 486 will relieve some of the unexpected burden that so many homeowners are now facing. I look forward to moving these through the General Assembly before the end of this session.”
Senate Bill 485 would increase the homestead exemption from $30,000 to $50,000, exempting $125,000 of a home’s value from school taxes. Senate Bill 486 would establish a new homestead exemption of $100,000 for seniors, regardless of income, exempting $240,000 of a home’s value from school taxes.
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For Immediate Release:
March 7, 2018
Annie Wimbush, Communications Associate
annie.wimbush@senate.ga.gov
404.656.0028