House Resolution 400
By: Representatives Heffner of the 130th, Douglas of the 78th, Glaize of the 67th, Gambill of
the 15th, and Wade of the 9th
A RESOLUTION
Proposing an amendment to the Constitution of the State of Georgia so as to authorize the
General Assembly to provide by law for a homestead exemption for an additional 100
percent disabled veterans' homestead exemption for the full assessed value of a homestead
in certain circumstances; to authorize municipalities to seek supplementary funding to offset
lost revenue from the homestead exemption; to provide for a short title; to provide for
submission of this amendment for ratification or rejection; and for other purposes.
BE IT RESOLVED BY THE GENERAL ASSEMBLY OF GEORGIA:
SECTION 1.
This resolution shall be known and may be cited as the "Georgia Keys for Heroes
Amendment."
SECTION 2.
Article VII, Section II of the Constitution is amended by adding a new Paragraph to read as
follows:
<ins>"Paragraph VI. Additional disabled veterans' homestead exemption. (a) The General
Assembly shall provide by general law for the creation of an additional 100 percent
disabled veterans' homestead exemption for the full assessed value of a homestead upon
</ins>
<ins>a disabled veteran procuring a loan or otherwise financing the development of new
residential construction, obtaining or receiving a residential structure by inheritance, or
purchasing an existing residential structure, for the purpose of use as a primary residence.
(b) The general law provided for in subparagraph (a) of this Paragraph shall also include
authorization for municipalities to seek supplementary funding to offset lost revenue from
the homestead exemption provided for in subparagraph (a) of this Paragraph."
</ins> SECTION 3.
The above proposed amendment to the Constitution shall be published and submitted as
provided in Article X, Section I, Paragraph II of the Constitution. The ballot submitting the
above proposed amendment shall have written or printed thereon the following:
"( ) YES Shall the Constitution of Georgia be amended so as to authorize the General
Assembly to provide by general law for the creation of an additional 100
( ) NO percent disabled veterans' homestead exemption for the full assessed value
of a homestead upon procuring a loan or otherwise financing the
development of new residential construction, obtaining or receiving a
residential structure by inheritance, or purchasing an existing residential
structure, for the purpose of use as a primary residence, and authorization
for municipalities to seek supplementary funding to offset lost revenue from
the homestead exemption?"
All persons desiring to vote in favor of ratifying the proposed amendment shall vote "Yes."
All persons desiring to vote against ratifying the proposed amendment shall vote "No." If
such amendment shall be ratified as provided in said Paragraph of the Constitution, it shall
become a part of the Constitution of this state.