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Georgia House GOP unveils package of bills aimed at further reducing taxes in state

Hearing complaints over property taxes, some Georgia lawmakers look to limit rising values

With a runup in home values sparking higher property taxes for many Georgia homeowners, there is a groundswell among state lawmakers in this election year to provide relief. Georgia's Senate Finance Committee plans a hearing on Monday on a bill limiting increases in a home's value, as assessed for property tax purposes, to 3% per year. The limit would last as long as the owner maintained a homestead exemption.

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