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Bill

LC 3699

Generally revise property tax laws

2025 Regular Session

Broad proposal to overhaul property tax laws; would reshape assessments, exemptions, and millage rules, affecting homeowners and local governments, but the draft died in process.

(LC) Draft Died in Process
#taxation(generally) #taxation--property
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WeVote Research Nonpartisan
Bill Summary · LC 3699

Summary of LC 3699 — Generally revise property tax laws

Overview

  • Bill number: LC 3699
  • Title: Generally revise property tax laws
  • Subject: Taxation (Generally); Taxation—Property
  • Introduced: December 14, 2024
  • Status: Draft died in process (LC)

LC 3699 appears to be a broad proposal to overhaul property tax statutes. The available information confirms only the bill’s scope label and procedural status; the actual text with provisions is not provided here.

Status and Timeline

  • 2024-12-14: Drafter assigned.
  • 2025-01-16: Draft placed On Hold (noted twice in the record).
  • 2025-05-23: Draft Died in Process.

Current status indicates that the draft did not move forward in the legislative process and is not expected to advance to enactment unless revived with new sponsorship or provisions.

What the bill would change (Provision details not provided)

Specific textual provisions are not available in the information provided. As a general note:
- A bill titled “Generally revise property tax laws” typically aims to overhaul one or more core elements of property taxation, which may include:
- Assessment methodologies and cycles (how property values are determined and updated).
- Exemption and relief programs (homestead exemptions, senior/disabled relief, abatements).
- Levy authority and millage rate rules for local governments.
- Classification and treatment of different property types (residential, commercial, agricultural).
- Appeal procedures and timelines for property tax assessments.
- Administrative processes, reporting requirements, and enforcement.
- The exact changes, affected statutes, and timelines would depend on the compiled text of LC 3699, which is not provided here.

Potential Impact (general considerations)

  • If enacted, a comprehensive rewrite could affect:
    • Property owners (changes to assessments, exemptions, and payment timing).
    • Local taxing authorities (altered revenue projections, administrative processes).
    • Assessors and county/city treasurers (new procedures, reporting, and compliance requirements).
  • Policymakers and legislators would typically consider budgetary implications, transitional rules for implementation, and any sunset or review provisions.

Affected Parties

  • Property owners and residents
  • Local governments (counties, cities, municipalities)
  • County/municipal assessors and treasurers
  • Taxpayer advocates and professional lobbies involved in taxation policy

Next steps and tracking

  • To obtain the actual provisions, monitor the legislative information system for LC 3699 or contact the drafter’s office.
  • If revived, the bill would likely undergo committee referrals, public hearings, amendments, and votes before consideration on the floor.
  • Track status changes and any newly introduced companion bills or substitute language.

Key dates to remember

  • Introduced: December 14, 2024
  • Drafter assigned: December 14, 2024
  • On Hold: January 16, 2025
  • Draft Died in Process: May 23, 2025

Note: This summary reflects documented status and the bill’s title. Specific substantive provisions are not included because the bill text is not provided.

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

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