---
type: "Bill"
title: "Peachtree City, City of; ad valorem tax for municipal purposes; homestead exemption; increase income cap"
description: "A BILL to be entitled an Act to amend an Act to provide for a homestead exemption from City of Peachtree City ad valorem taxes for municipal purposes in the amount of $5,000.00 of the assessed value of the homestead for residents of that city who are 65 years of age or over and whose income does not exceed $30,000.00, approved May 5, 2005 (Ga. L. 2005, p. 3719), so as to increase the income cap related to qualifying for such exemption to $60,000.00; to increase the value of the exemption to $30,000.00 of the assessed value; to provide for compliance with constitutional requirements; to provide for a referendum, effective dates, and automatic repeal; to provide for mandatory execution of election and judicial remedies regarding failure to comply; to provide for related matters; to repeal conflicting laws; and for other purposes."
jurisdiction: "us/states/ga"
legislature: "Georgia General Assembly"
session: "2025_26"
identifier: "HB 703"
citation: "Georgia HB 703 (2025_26)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Debra Bazemore", "Derrick Jackson", "Josh Bonner", "Karen Mathiak"]
version_count: 3
action_count: 13
vote_count: 2
first_action: "2025-03-03"
last_action: "2025-05-13"
source: "openstates"
source_identifier: "ocd-bill/8dc0c545-c016-426d-9d6c-4ede172800b6"
source_url: "http://webservices.legis.ga.gov/GGAServices/Legislation/Service.svc?wsdl"
source_hash: "c89d17c0b6707fd3c32486943bb4f2e1ae7be1bc53c2772233b30a109c653f3d"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ga"]
---

# Georgia HB 703 (2025_26) — Peachtree City, City of; ad valorem tax for municipal purposes; homestead exemption; increase income cap

A BILL to be entitled an Act to amend an Act to provide for a homestead exemption from City of Peachtree City ad valorem taxes for municipal purposes in the amount of $5,000.00 of the assessed value of the homestead for residents of that city who are 65 years of age or over and whose income does not exceed $30,000.00, approved May 5, 2005 (Ga. L. 2005, p. 3719), so as to increase the income cap related to qualifying for such exemption to $60,000.00; to increase the value of the exemption to $30,000.00 of the assessed value; to provide for compliance with constitutional requirements; to provide for a referendum, effective dates, and automatic repeal; to provide for mandatory execution of election and judicial remedies regarding failure to comply; to provide for related matters; to repeal conflicting laws; and for other purposes.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **HB 703/AP*** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20252026/237021.pdf)
2. **LC 47 3442/a** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20252026/234822.pdf)
3. **Local Ad** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20252026/234844.pdf)

## Votes

- House Vote #270 - 2025-2026 Regular Session — **165–0** (pass) · lower
- Senate Vote #265 - 2025-2026 Regular Session — **53–0** (pass) · upper

## Sponsors

- Debra Bazemore — primary (person)
- Derrick Jackson — primary (person)
- Josh Bonner — primary (person)
- Karen Mathiak — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2025-03-03** House Hopper `introduction`
- **2025-03-04** House First Readers `reading-1`
- **2025-03-06** House Second Readers `reading-2`
- **2025-03-10** House Committee Favorably Reported `committee-passage-favorable`
- **2025-03-10** House Third Readers `reading-3`
- **2025-03-10** House Passed/Adopted `passage`
- **2025-03-11** Senate Read and Referred `referral-committee`
- **2025-03-21** Senate Committee Favorably Reported `committee-passage-favorable`
- **2025-03-21** Senate Passed/Adopted `passage`
- **2025-04-07** House Sent to Governor `executive-receipt`
- **2025-05-13** House Date Signed by Governor `executive-signature`
- **2025-05-13** Act 212 `executive-signature`
- **2025-05-13** Effective Date

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/8dc0c545-c016-426d-9d6c-4ede172800b6`. Confidence: reported (aggregated from official Georgia legislature records).