US EditionPeachtree City property tax break signed into law
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Peachtree City property tax break signed into law
More Peachtree City homeowners are eligible for a tax break under a new law signed by Gov. Brian Kemp this month. H.B. 703 supports low income seniors in Peachtree City by reducing what they pay in property taxes on their legal residence. The law doubles the annual income cap from $30,000 to $60,000 for eligibility. It also increases the value of the property tax exemption from $5,000 to $30,000 of the assessed value. Amending a homestead exemp…
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