Ga. Const. art. VII, § II, para. II – Exemptions from taxation of property

(a)
(l) Except as otherwise provided in this Constitution, no property shall be exempted from ad valorem taxation unless the exemption is approved by two-thirds of the members elected to each branch of the General Assembly in a roll-call vote and by a majority of the qualified electors of the state voting in a referendum thereon.
(2) Homestead exemptions from ad valorem taxation levied by local taxing jurisdictions may be granted by local law conditioned upon approval by a majority of the qualified electors residing within the limits of the local taxing jurisdiction voting in a referendum thereon.
(3) Laws subject to the requirement of a referendum as provided in this subparagraph
(a) may originate in either the Senate or the House of Representatives.
(4) The requirements of this subparagraph
(a) shall not apply with respect to a law which codifies or recodifies an exemption previously authorized in the Constitution of 1976 or an exemption authorized pursuant to this Constitution. (a.1) In addition to the powers otherwise authorized by this Constitution, the General Assembly shall be authorized to provide by general law for a single state-wide homestead exemption from ad valorem taxes that is uniformly applicable to each county, consolidated government, municipality, or local school system beginning January 1, 2025; provided, however, that the General Assembly may:
(1) Limit the application of the homestead exemption to any such political subdivisions that do not already have certain existing homestead exemptions in effect;
(2) Prescribe a method by which any such political subdivision may opt out of said homestead exemption; and
(3) Prescribe a method by which any such newly created political subdivision may opt in to such homestead exemption.
(b) The grant of any exemption from ad valorem taxation shall be subject to the conditions, limitations, and administrative procedures specified by law.