WeVote
Log In

Bill

Bill

LC 4117

Provide for grocery tax credit

2025 Regular Session

Creates a grocery tax credit to lower state tax liability for eligible households, reducing after-tax grocery costs once defined (eligibility and amount TBD).

(LC) Draft Died in Process
#taxation(generally)
0
WeVote Research Nonpartisan
Bill Summary · LC 4117

Summary: LC 4117 — Provide for grocery tax credit

Overview and Intent

LC 4117 is a draft bill titled “Provide for grocery tax credit.” The core aim, as indicated by the title, is to establish a tax credit related to grocery purchases. The available information does not include the full text or explicit eligibility criteria, credit amount, or interaction with other tax provisions. The bill is categorized under Taxation (Generally).

Key Provisions (as indicated by title; detailed text not provided)

  • Create a grocery tax credit to reduce the tax burden associated with groceries.
  • Specific design elements (e.g., credit amount, refundable vs. nonrefundable status, eligibility thresholds, caps, phase-outs, sunset provisions, and administration) are not disclosed in the summary.
  • The bill would be implemented through changes to the state tax code and would specify who may claim the credit and under what circumstances.

Note: Without the full text, the exact mechanics, qualifications, and fiscal impact remain unknown. If the enacted text becomes available, a precise itemized breakdown should be prepared.

Potential Impact and Affected Parties

  • Households: If enacted, eligible residents could receive a credit against state tax liability related to grocery purchases, potentially reducing after-tax costs for groceries.
  • Taxpayers: The credit could affect overall tax payable for individuals and families meeting the eligibility criteria.
  • State Revenue: The credit would have a fiscal impact, reducing general fund revenue to the extent of eligible credits claimed. The magnitude depends on the credit amount, eligibility, and uptake.
  • Administrative Agencies: Likely would require guidance and implementation steps from the department responsible for tax administration (e.g., processing, eligibility verification, and enforcement).

Procedural and Timeline Details

  • Introduced: December 15, 2024
  • Drafter Assigned: December 15, 2024
  • Status updates:
    • December 15, 2024: On Hold (draft status)
    • May 22, 2025: Draft Died in Process

Next Steps

  • The bill’s text would need to be reviewed to understand precise eligibility, amounts, and administration.
  • If interest remains, a new or revised version could be reintroduced in a subsequent session; otherwise, the measure would not advance.

If you provide the full bill text, I can deliver a detailed, section-by-section summary with exact provisions and fiscal implications.

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

Sign in to ask a question.