A bill put forward by State Rep. Jasmine Clark in the Georgia House seeks to offer refundable state income tax credits to residents facing high property tax or rent expenses, according to the Georgia State House.
Filed as HB1468 on Wednesday, Feb. 25 during the 2026 regular session of the 158th General Assembly, the proposal is formally titled: ’Georgia Property Tax Fairness Fund; create’.
The following summary is based on the official bill text and may contain explanations to clarify its intentions.
Essentially, the bill would create the Georgia Property Tax Fairness Fund, which would utilize revenue from insurance premium taxes, sales tax from high-technology data centers, and other sources to provide refundable state income tax credits for residents of “qualifying homes” where property tax and insurance expenses or rent exceed specified income thresholds. The plan includes uniform dollar-for-dollar income tax credits for those who qualify and directs collected sales taxes from high-tech data centers first toward reducing local homestead property tax bills, within set caps for credit amounts and home values. It also rolls back or limits current exemptions and credits for sales tax and insurance premiums. Its implementation is set for Jan. 1, 2027, contingent upon passage of a corresponding constitutional amendment in November 2026.
Since the session began, Clark has introduced seven other bills in addition to this, with one having been adopted.
Clark earned her degree from the University of Tennessee at Knoxville in 2005.
A Democrat, Clark began representing Georgia’s 108th House District in 2019, succeeding former Rep. Clay Cox.
In Georgia, the legislative process starts when a legislator, often prompted by a constituent, collaborates with the Office of Legislative Counsel to draft the bill. After being filed with the House Clerk or Senate Secretary, the proposal is read for the first time and sent to a committee, where the bulk of discussion and analysis takes place. If the committee approves, it proceeds to the chamber floor for additional reading, debate, and a vote. Bills must pass both chambers—potentially going to a conference committee if versions differ—before reaching the governor. The governor then has six days during session or 40 days after adjournment (Sine Die) to sign, veto, or let the bill become law without a signature. Each session of the Georgia General Assembly spans 40 days, starting the second Monday in January.
| Bill Number | Date Introduced | Short Description |
|---|---|---|
| HB960 | 01/14/2026 | Gwinnett Judicial Circuit; superior courts; provide twelfth judge |
| HB761 | 03/11/2025 | Lilburn, City of; ad valorem tax; provide additional homestead exemption |
| HB721 | 03/04/2025 | Motor vehicles; transportation referral service providers and ride share network services; provisions |
| HB681 | 02/27/2025 | Domestic relations; sealing of name change petitions upon request; provide |
| HB670 | 02/27/2025 | Georgia Civil Rights Act of 2025; enact |
| HB497 | 02/18/2025 | Penal institutions; inmate be allowed to dress in plain clothes during trial proceedings; provide |
| HB496 | 02/18/2025 | Criminal procedure; scent of marijuana, cannabis, or hemp; provide imitations on stops, searches, seizures, or arrests |
Information in this article was obtained from the Georgia State House. The source data can be found here.
