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flag Georgia Senate passes bill capping property tax hikes at inflation; House considers phase-out plan with potential funding gap.

flag The Georgia Senate passed SB 382, a bill capping annual property tax increases at the inflation rate by eliminating opt-out provisions for schools and local governments, aiming to ease financial pressure on homeowners. flag The measure, supported by Republican leaders, passed 31-19 and now heads to the House, where a competing plan seeks to phase out property taxes on primary homes by 2032. flag While the Senate bill targets immediate relief, the House proposal could create a $5 billion funding gap for schools and services, requiring a constitutional amendment vote. flag Lawmakers face pressure to balance tax relief with maintaining public funding as negotiations begin.

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