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Georgia Homestead Freeze Exemptions, Referendum F (2006)

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Georgia Referendum F was on the November 7, 2006 statewide ballot in Georgia as a legislatively-referred state statute, where it was approved.[1]

Referendum F applies to so-called "homestead freeze exemptions." These are exemptions which increase so long as a person owns a homestead with the effect that the owner does not have an increase in tax liability because of increases in the assessed value of the homestead. The effect of Referendum F was to extend homestead freeze exemptions to surviving spouses of those with a freeze in effect at the time of their death.

Election results

Referendum F
ResultVotesPercentage
Approveda Yes 1,807,681 89.9%
No202,02410.1%

Text of measure

Georgia law (Code Section 21-2-4 of the O.C.G.A.) requires that when an election will take place on proposed statutes, the Georgia Secretary of State must provide a neutral summary and explanation of each proposal.

The question and description are incorporated into a voter guide that voters may consult prior to casting their vote.

Ballot question

"Shall the Act be approved which provides that, with respect to base year assessed value homestead exemptions, the surviving spouse of a deceased spouse who has been granted such a homestead exemption shall receive that exemption at the same base year valuation that applied to the deceased spouse so long as that surviving spouse continue s to occupy the home as a residence and homestead.

Explanation

This section of this Act relates to base year assessed value homestead exemptions, also known as homestead freeze exemptions. These are exemptions which increase so long as a person owns a homestead with the effect that the owner does not have an increase in tax liability because of increases in the assessed value of the homestead. This section of the Act provides that when a property owner with an existing base year assessed value homestead exemption dies, his or her surviving spouse who otherwise meets the requirements for the exemption shall be entitled to continue the exemption with the previously established base year amount. The effect is that the surviving spouse will not incur increased tax liability due to increases in assessed value since the exemption was granted to the deceased spouse.

See also

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