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Bill

LC 1172

Low income elderly property tax assistance

2025 Regular Session

LC 1172 aimed to provide property tax relief to low-income elderly homeowners; it died in process and did not become law.

(LC) Draft Died in Process
#taxation--property #seniorcitizens #taxation
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WeVote Research Nonpartisan
Bill Summary · LC 1172

LC 1172 — Low income elderly property tax assistance

A concise, reader-friendly summary of the bill LC 1172, focusing on its purpose, potential impact, and current status.

Quick overview

  • Bill number: LC 1172
  • Title: Low income elderly property tax assistance
  • Status: Draft died in process (LC)
    • Introduced: November 11, 2024
    • Legislative actions:
    • 2024-11-11: Drafter Assigned
    • 2024-12-10: Draft On Hold
    • 2025-05-24: Draft Died in Process
  • Classification/Subject: Bill related to Senior Citizens (Retirement), Taxation (Generally), Taxation—Property

Intent and scope

  • The bill’s title indicates an aim to provide property tax assistance to low-income elderly residents. The available record does not include the text of the measure, so the exact mechanism (e.g., exemption, credit, deferral, or other relief) and the specific eligibility criteria are not specified here.
  • Given the subject areas, the proposal would center on modifying property tax relief for seniors with limited income, potentially reducing the property tax burden on eligible homeowners.

Key provisions (based on available information)

  • Specific provisions are not provided in the summary you supplied. As such, the exact instruments and procedural details (eligibility thresholds, benefit amounts, application process, funding source, and administrative responsibilities) are not known from this record.
  • The bill’s existence signals a policy option to assist low-income elderly homeowners with property tax liabilities, but the precise design remains undetermined in the provided material.

Affected parties and potential impact

  • Primary beneficiaries: Likely low-income elderly homeowners who meet any income and age criteria established by the bill.
  • Secondary effects: Local governments and tax assessors could experience changes in revenue timing or volumes; the state or locality would bear any administrative costs associated with implementing the relief mechanism.
  • Economic considerations: If enacted, relief could improve home stability and reduce financial strain for eligible seniors, with potential implications for local budgeting and property tax collections.

Procedural timeline and current status

  • Introduced: November 11, 2024
  • On Hold: December 10, 2024
  • Died in Process: May 24, 2025
  • Status implication: The bill did not advance through the legislative process and is not active law. If revived, it would require standard steps (committee hearings, floor votes, and potential executive signature) to become law.

Next steps for readers

  • To monitor developments, track LC 1172 through official legislative records or the chamber’s bill tracking system.
  • If the text becomes available, review the exact eligibility criteria, benefit amounts, funding sources, and administration details to assess fiscal impact and administrative requirements.

Note: This summary reflects the information provided. The actual bill text would be necessary to provide a complete, itemized analysis of provisions and fiscal implications.

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

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