Hearing complaints over property taxes, some Georgia lawmakers look to limit rising values statesboroherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from statesboroherald.com Daily Mail and Mail on Sunday newspapers.
High property taxes spur change in Georgia and other states finance-commerce.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finance-commerce.com Daily Mail and Mail on Sunday newspapers.
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.