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Bill

LC 366

Generally revise local tax laws

2025 Regular Session

LC 366 aims to generally overhaul and modernize how local taxes are defined, assessed, collected, and administered.

(LC) Draft Died in Process
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WeVote Research Nonpartisan
Bill Summary · LC 366

Summary of LC 366 — Generally revise local tax laws

Overview

  • Bill number: LC 366
  • Title: Generally revise local tax laws
  • Subject: Local Government; Taxation (Generally)
  • Introduced: September 27, 2024
  • Status: (LC) Draft Died in Process (as of May 22, 2025)
  • Actions:
    • 2024-09-27: (LC) Draft On Hold
    • 2024-09-27: (LC) Drafter Assigned
    • 2025-05-22: (LC) Draft Died in Process

Note: Full text of the bill is not provided here. The summary reflects only the information available from the bill’s title, status, and legislative actions. The actual provisions may differ if the bill text becomes available.

What the bill appears to seek to accomplish

  • The title “Generally revise local tax laws” indicates an effort to overhaul or modernize the framework governing local taxation.
  • Without the bill text, specifics are not available. In broad terms, a revision could touch on how local taxes are defined, authorized, assessed, collected, exempted, or redistributed, as well as administrative processes and inter-jurisdictional coordination.

Potential areas such a bill typically covers (conceptual, not specific to LC 366)

If enacted, a bill with this scope might address:
- Definitions and scope of local taxes (which taxes are covered or consolidated)
- Local taxing authority and limits on tax rates or bases
- Assessment, appraisal, and billing procedures for local taxes
- Exemptions, credits, abatements, and special programs
- Penalties, interest, and collection methods
- Revenue sharing or distribution among municipalities and counties
- Reporting, auditing, and compliance requirements for local governments
- Sunset or review provisions to reevaluate the reform after a set period
- Effective dates and transitional rules for existing tax regimes

Who would be affected

  • Local governments (cities, counties, towns) that administer or levy taxes
  • Taxpayers, including residents and businesses subject to local taxes
  • Tax collection agencies and consultants/vendors
  • Property owners, merchants, and other stakeholders impacted by tax policy changes

Procedural and timeline notes

  • Introduced: 9/27/2024
  • Drafter assigned on 9/27/2024
  • Status changes: On Hold on 9/27/2024; Died in Process on 5/22/2025
  • Implication: The bill did not advance toward enactment and, in its current form, is not moving forward in the legislative process. There is no enacted policy change unless a successor bill revises or reintroduces similar provisions.

Next steps for stakeholders

  • Monitor official legislative tracking for LC 366 or any successor measures that aim to overhaul local tax laws.
  • If interested, review the bill text (when available) to understand actual provisions, fiscal impact, and affected constituencies.
  • Engage with local government finance staff or policymakers if considering how a potential overhaul could affect local tax policy.

If you’d like, I can format this into a one-page briefing or add a section comparing LC 366 to typical provisions in similar local tax reforms once the full text becomes available.

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

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