The failed House bill would have asked lawmakers and Glynn County voters to approve a local sales tax that funded property tax relief for eligible homeowners.
If lawmakers and voters approve the plan, eligible Glynn County residents could get a yearly exemption from county property taxes on their homes, based on local sales tax proceeds.
If lawmakers and voters approve the plan, a 1 percent local sales tax would run for ten years, and its proceeds would determine the yearly home tax exemption.
Glynn County would exempt part of eligible homes’ assessed value from county property taxes. It would cover a resident’s homestead property in the Glynn County special district and apply only to county taxes on property within that district. The exemption would be in addition to other homestead exemptions, and any assessed value above the exempt amount would remain taxable. The bill would need a two-thirds vote in both chambers and approval by more than half of the votes cast in the county referendum. After referendum approval, the exemption would apply to tax years beginning January 1, 2027, through December 31, 2039.
Glynn County would impose a 1 percent local sales tax. The tax would apply in the special district covering Glynn County. The tax proceeds would determine the annual amount used for the homestead exemption. The bill would need a two-thirds vote in both chambers and approval by more than half of the votes cast in the county referendum. The sales tax would run from January 1, 2028, through December 31, 2037.
No hearings or votes scheduled.