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Bill

LC 1132

Generally revise laws related to income tax

2025 Regular Session

Broad, unspecified revision of personal income tax laws; draft died in process, so no changes enacted.

(LC) Draft Died in Process
#taxation--individualincome
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WeVote Research Nonpartisan
Bill Summary · LC 1132

Summary of LC 1132 — Generally revise laws related to income tax

Overview

  • Bill Number: LC 1132
  • Title: Generally revise laws related to income tax
  • Subject: Taxation – Individual Income
  • Classification: Bill
  • Introduced: November 11, 2024
  • Status: Draft Died in Process

Purpose and Intent

Based on the title, LC 1132 was intended to generally revise the laws governing individual income taxation. The available information does not include the bill text, so the specific objectives, such as whether the changes aimed to modify rates, deductions, credits, filing requirements, conformity with federal tax law, or administrative processes, are not disclosed.

Key Provisions (Available Information)

  • The bill text and detailed provisions are not provided. Therefore, no concrete provisions can be described here.
  • Given the broad phrasing “generally revise laws related to income tax,” the bill could have contemplated changes commonly addressed in income tax reform (e.g., rate structure, standard/detailed deduction rules, credits, exemptions, withholding, compliance, and administration). This is speculative and not a stated part of LC 1132.

Who Would Be Affected

  • Individual taxpayers within the jurisdiction of the bill (primary impact on personal income tax liability and filing requirements).
  • Employers/withholding agents (to the extent revisions affect withholding calculations or compliance).
  • State or local tax department or revenue agency responsible for administering personal income tax.

Status, Procedural Timeline, and Next Steps

  • Nov 11, 2024: Draft introduced (Drafter Assigned).
  • Feb 10, 2025: Draft On Hold.
  • May 23, 2025: Draft Died in Process.
  • The bill did not advance beyond the draft stage and is not expected to become law in its current form. If revived in the future, it would require new introductory action, committee referrals, hearings, and potential amendments.

Potential Impacts if Enacted (Hypothetical)

  • Changes to individual tax liability (rates, credits, deductions, exemptions) and corresponding effects on taxpayers’ net income.
  • Administrative and compliance changes for the tax authority and employers.
  • Revenue implications, budgeting, and potential effects on state fiscal policy.
  • Timing considerations for implementation and transition if new conformity or compliance rules are adopted.

Note

This summary reflects the information provided. No specific provisions were publicly disclosed, so the analysis focuses on the bill’s stated purpose, status, and likely areas of impact based on its broad title.

Compiled from official sources — confirm details with the bill’s official record.

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