All Roll Calls
Yes: 210 • No: 0
GeorgiaHB 7432025-2026 Regular SessionHouseWALLET
Social Circle, City of; ad valorem tax; provide homestead exemption
Sponsored By: Tim Fleming (Republican), Reynaldo Martinez (Republican), Bruce Williamson (Republican)
Signed by Governor
Intragovernmental CoordinationState and Local Governmental OperationsLocal Bill
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Bill Overview
Analyzed Economic Effects
3 provisions identified: 1 benefits, 0 costs, 2 mixed.
Lower city taxes for Social Circle homeowners
If your Social Circle home is your homestead, the city exempts assessment growth above your adjusted base value from city property taxes. It applies only to city taxes for municipal purposes, not county, school, state, or bonded‑debt taxes. For first‑time 2026 claims, the base year is 2024. You cannot stack this with another city base‑year exemption; the city applies the larger one. It takes effect for tax years starting January 1, 2026 only if city voters approved it on November 4, 2025.
Standard statewide inflation index for homesteads
The Georgia Department of Revenue sets one standard way to measure yearly inflation for homestead value adjustments. The method can use the Consumer Price Index or a similar federal index. This index is used when calculating adjusted base‑year values for homestead exemptions, including Social Circle.
How to get and keep Social Circle exemption
You must file an application with the City of Social Circle to get the municipal homestead exemption. If you had a 2025 homestead exemption on the same home and still qualify in 2026, you get the 2026 city exemption automatically. After approval, it renews each year while you live there. A surviving spouse keeps it while living in the home. You must tell the city if you no longer qualify. These rules apply starting January 1, 2026.
Sponsors & Cosponsors
Sponsors
Tim Fleming
Republican • House
Reynaldo Martinez
Republican • House
Bruce Williamson
Republican • House
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
Senate vote • 3/27/2025
LOCAL CONSENT CALENDAR
Yes: 52 • No: 0
House vote • 3/21/2025
Local Calendar
Yes: 158 • No: 0
Actions Timeline
House Date Signed by Governor
5/9/2025HouseAct 103
5/9/2025Effective Date
5/9/2025House Sent to Governor
4/10/2025HouseSenate Committee Favorably Reported
3/27/2025SenateSenate Passed/Adopted
3/27/2025SenateSenate Read and Referred
3/25/2025SenateHouse Committee Favorably Reported By Substitute
3/21/2025HouseHouse Third Readers
3/21/2025HouseHouse Passed/Adopted By Substitute
3/21/2025HouseHouse Committee Favorably Reported
3/18/2025HouseHouse Withdrawn, Recommitted
3/18/2025HouseHouse Second Readers
3/13/2025HouseHouse First Readers
3/11/2025HouseHouse Hopper
3/10/2025House
Bill Text
HB 743/AP* (v7)
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