Gwinnett voters would decide whether sales taxes fund homeowner tax relief

Eligible homeowners would receive an exemption that reduces the home value used to calculate county property taxes. The exemption covers eligible homes within Gwinnett County and only taxes levied by the county. It adds to other homestead exemptions. Home value above the exempt amount remains taxable. The measure must become law, including receiving a two-thirds vote in each legislative chamber. More than half of county voters voting on the question must approve it. Homeowners must apply unless they received another county homestead exemption for the same home the previous tax year and remain eligible this year. The exemption renews automatically while homeowners occupy the home and remain eligible. They must report when they become ineligible. If voters reject the measure or the required election is not held, the exemption would not take effect. The act would automatically be repealed 365 days after the scheduled election date. The referendum would be held November 3, 2026. With voter approval, the exemption provisions would take effect January 1, 2027, and cover tax years through December 31, 2039.

A 1% Local Homestead Option Sales Tax would fund homeowner property tax relief in Gwinnett County. The sales tax would apply within the district covering Gwinnett County. Its net proceeds would determine the yearly homeowner exemption amount. The measure must become law, including receiving a two-thirds vote in each legislative chamber. More than half of county voters voting on the question must approve it. The sales tax would run for ten years, ending two years before the homeowner exemption expires.