Kingsland voters would decide in November 2026 whether homeowners 62 and older get a $25,000 tax exemption

The act rewrites subsection (a) of Section 1 of the 1992 Kingsland homestead exemption law to apply the exemption to residents who are 62 or older. It covers Kingsland residents age 62 or older, on property that qualifies as a homestead under Code Section 48-5-40. The exemption applies to the first $25,000 of the home's assessed value for city taxes for municipal purposes, including taxes to pay bonded debt. The act would not become law without a two-thirds vote in both the Senate and the House of Representatives. City voters must approve it: if more than half of the votes cast are for approval, Section 1 takes full effect; if not, Section 1 does not take effect and the act is repealed 365 days after the election. Section 1 would take full effect on January 1, 2027 if voters approve, and applies to taxable years beginning on or after January 1, 2027.

The city election superintendent must call and run an election asking voters to approve or reject the act. It covers Kingsland voters and the city's election superintendent. The ballot asks "Shall the Act be approved" with Yes or No choices. The city pays for the election and the result must be certified to the Secretary of State. Any city elector may seek a court order requiring the vote on the required date or the next special election date. The election would be held on the Tuesday after the first Monday in November 2026.