WeVote
Log In

Bill

Bill

LC 1189

Generally revise property tax system

2025 Regular Session

LC 1189 aimed to broadly revise the property tax system, potentially changing assessments, rates, and exemptions, but the draft died in process and no reforms were enacted.

(LC) Draft Died in Process
#taxation--property #taxation
0
WeVote Research Nonpartisan
Bill Summary · LC 1189

Summary of LC 1189 — Generally revise property tax system

Quick Facts

  • Bill number: LC 1189
  • Title: Generally revise property tax system
  • Status: Draft died in process
  • Introduced: November 11, 2024
  • Classification: bill
  • Subject: Taxation (Generally), Taxation—Property
  • Notable legislative actions:
    • 2024-11-11: Drafter assigned
    • 2024-12-10: Draft On Hold
    • 2025-05-24: Draft Died in Process

Purpose and intent

The bill’s stated purpose, as indicated by the title, is to generally revise the property tax system. The available information does not include the bill’s specific objectives, reform areas, or the exact changes proposed. To determine the precise aims (e.g., changes to assessment methods, levy processes, exemptions, or administration), the full bill text and any accompanying fiscal impact or analysis would need to be consulted.

Key provisions (availability and limitations)

  • Specific provisions are not provided in the available materials.
  • Typical components of a comprehensive property tax reform bill might include:
    • Changes to property assessment methodologies and timelines
    • Modifications to tax rates, millage calculations, or equalization
    • Revisions to exemptions, exclusions, and deferral options
    • Alterations to revenue distribution between local governments and state programs
    • Procedural aspects such as assessment appeals, notice requirements, and audit controls
    • Transitional provisions and effective dates
  • Note: The above are general topics commonly addressed in property tax reform, not confirmed provisions of LC 1189.

Affected parties and entities

  • Property owners and taxpayers (residential, commercial, and agricultural sectors)
  • Local governments and school districts (depend on property tax revenue)
  • Tax assessors, county/municipal tax offices, and revenue agencies
  • Tax policy analysts and stakeholders involved in property tax administration

Procedural timeline and status

  • Introduced: 2024-11-11 (Drafter Assigned)
  • 2024-12-10: Draft On Hold
  • 2025-05-24: Draft Died in Process
  • Meaning: The bill did not advance beyond the drafting stage and is not expected to move forward in its current session, based on the stated status “Died in Process.”

Potential impact (high-level)

  • If enacted, LC 1189 could substantially alter how property taxes are assessed, levied, and administered, with potential implications for property owners, local government funding, and tax equity. The exact fiscal impact, changes in property tax bills, and administrative burden would depend on the detailed provisions of the bill text and any related fiscal notes.

Next steps / where to find more information

  • Review the full bill text and any fiscal impact statements on the official legislative website or in the docket for LC 1189 to confirm provisions, effective dates, and estimated impacts.
  • If you are tracking property tax reform, monitor any new introductions or re-introductions of similar measures, as bills with the same subject may be renewed in future sessions.

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

Sign in to ask a question.