Georgia Senate Passes HB 1116; Property Tax Cap Measure Heads to Governor
Georgia lawmakers have taken a major step toward limiting property tax growth across the state.
The Georgia Senate has now passed House Bill 1116, sending the measure to the governor’s desk for final approval.
The legislation would place a cap on how much property tax revenue can increase each year, generally limiting growth to 3% or the rate of inflation, whichever is higher.
Supporters say the bill is designed to protect homeowners from rapidly rising tax bills caused by increasing property values, while also adding transparency when local governments propose tax increases.
Under the proposal, counties, cities, and school systems would be required to adjust their millage rates if necessary to stay within the cap, preventing large spikes in total property tax collections.
However, critics warn the measure could impact funding for local services such as schools, public safety, and infrastructure. Some also note that local governments may turn to other revenue sources, including sales taxes or fees, to make up the difference.
House Bill 1116 is part of a broader effort by state leaders to address rising costs for Georgia residents.
If signed by the governor, the new law would significantly change how property tax growth is managed statewide.