"Property Tax Relief Act of 2024"; enact

A BILL to be entitled an Act to amend Chapter 5 of Title 48 of the O.C.G.A., relating to ad valorem taxation of property, so as to provide for a statewide homestead exemption from ad valorem taxes in an amount equal to any amount by which the current year assessed value of a homestead exceeds the lesser of 3 percent or the inflation rate from the adjusted base year value of such homestead; to provide for related matters; to repeal conflicting laws; and for other purposes.