On Election Day, voters in Chattooga County, and voters across the Peach State, overwhelmingly supported Constitutional Amendment 1 for the homestead exemption. The amendment, geared towards preventing sharp property tax hikes, garnered an impressive 62. 93% approval. Statewide, there were 3,080,093 votes in favor and 1,814,547 against, the measure that permits the General Assembly to establish a state-wide homestead exemption. This exemption will restrict property value increases for qualifying residences to inflation rates. Essentially, if home values rise faster than inflation, the amendment aims to cap the increase for financial relief. While some say it is a significant win for the property owners, homeowners should note that local entities like municipalities, county governments, and school boards may choose to opt out of this exemption.