Georgia House Passes Property Tax Cap Bill
Savannah News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Georgia House Republicans pass House Bill 116 to cap property tax increases, aiming to ease skyrocketing bills. The measure, initially pushing for tax elimination, now limits annual increases to 3% or the federal inflation rate. Despite Democratic opposition, the bill passed 98-68, allowing local governments to raise sales tax to compensate for lost revenue. The Senate now reviews the bill as homeowners await relief.
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