Georgia Senate Advances Bill Capping Annual Property Tax Increases

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The Georgia Senate has passed a bill that would cap annual increases in property values at the rate of inflation, effectively limiting the amount that property taxes can rise each year for homeowners in the state.

Why it matters

This legislation is intended to provide relief for Georgia homeowners who have faced rapidly rising property taxes in recent years as home values have soared. The bill is seen as a way to make housing more affordable and prevent residents from being priced out of their homes due to skyrocketing tax bills.

The details

The bill, if passed into law, would require that the assessed value of a home cannot increase by more than the rate of inflation as measured by the Consumer Price Index. This would put a cap on the amount that property taxes can rise annually, even as home prices continue to appreciate at a faster rate.

• The Georgia Senate passed the bill on February 6, 2026.

What’s next

The bill will now move to the Georgia House of Representatives for consideration.