Opt Out of HB 581
FOR IMMEDIATE RELEASE
Contact: Dr. Jeremy Williams
Email: jeremy.williams@gcssk12.net
Phone: 770-536-5275
Gainesville City School System to Opt Out of HB 581
Gainesville, GA Friday, January 3, 2025 – Gainesville City School System announces its intent to opt out of House Bill 581, a statewide property tax reform bill passed by the Georgia General Assembly. This decision was made after careful consideration of the potential impacts of a statewide bill and a local bill (HB 1271).
While HB 581 aims to provide property tax relief, it also creates a duplicate reassessment cap competing with a new local legislation passed by the voters in November. By opting out, Gainesville City School System seeks to support HB 1271 and the local 3% reassessment cap on homestead properties.
Public Hearings on HB 581 Opt-Out:
To ensure transparency and gather public input, Gainesville City School System will be holding a series of public hearings to discuss the potential implications of opting out of HB 581. These hearings will provide an opportunity for residents to voice their opinions and concerns.
- Hearing 1:
- Date: Tuesday, January 21
- Time: 6:30 PM
- Location: 508 Oak Street, Gainesville, GA 30506
- Hearing 2:
- Date: Monday, February 3
- Time: 5:00 PM
- Location: 508 Oak Street, Gainesville, GA 30506
- Hearing 3:
- Date: Tuesday, February 18
- Time: 5:00 PM
- Location: 508 Oak Street, Gainesville, GA 30506
Gainesville City School System encourages all residents to attend the public hearings and participate in the decision-making process.
While HB 581 aims to provide property tax relief, it also creates a duplicate reassessment cap competing with a new local legislation passed by the voters in November. By opting out, Gainesville City School System seeks to support HB 1271 and the local 3% reassessment cap on homestead properties.