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Bill

LC 1869

Revise income tax rates

2025 Regular Session

Proposed revision to the individual income tax rate structure; the bill died in process with no enacted tax changes.

(LC) Draft Died in Process
#taxation(generally) #taxation--individualincome
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WeVote Research Nonpartisan
Bill Summary · LC 1869

Summary of LC 1869 — Revise income tax rates

Overview

LC 1869 is a draft bill titled “Revise income tax rates,” classified as a tax-related bill affecting individual income tax. It was introduced on November 22, 2024. The available information indicates the bill is a proposed revision to the state’s income tax rates for individuals, but specific provisions have not been published in the provided materials. The status notes show the bill progressed through the drafting stage but ultimately did not advance.

Purpose and intent

  • The primary aim of LC 1869 appears to be to revise the structure or levels of individual income tax rates.
  • No explicit policy rationale, such as tax relief, revenue adequacy, or equity goals, is stated in the available summary data.

Key provisions (availability and limitations)

  • Specific text detailing the proposed changes (e.g., new tax brackets, rate percentages, deductions, exemptions, credits) is not provided in the available information.
  • As a result, the exact impact on taxpayers and state revenues cannot be determined from the provided materials.
  • If released, typical elements of such a bill would ordinarily include adjustments to rate schedules, bracket thresholds, standard deduction amounts, personal exemptions, and any targeted credits. However, these are not confirmed for LC 1869.

Affected parties and impacts

  • Individuals subject to state income tax would be directly affected if changes were enacted (e.g., changes in tax liability across different income levels).
  • The state tax administration and revenue agencies would implement and administer any revised rate structure.
  • Taxpayers and employers could experience changes in withholding calculations and estimated tax payments, once specifics are made public.

Procedural history and status

  • Introduced: November 22, 2024.
  • Drafter Assigned: November 22, 2024.
  • 2024-11-22: Drafter Assigned ( LC ).
  • 2025-02-10: Draft On Hold.
  • 2025-05-27: Draft Died in Process.
  • Current status: Died in Process; no further legislative action indicated in the provided records.

Fiscal and policy context

  • Without the bill’s text, it is not possible to assess anticipated revenue impact, distributional effects, or budgetary implications.
  • Given the “Died in Process” status, there are no enacted changes to tax rates stemming from LC 1869 at this time.

Notes for readers

  • If LC 1869 is reintroduced in the future, it would likely include a detailed table of tax brackets and rate changes along with any corresponding deductions or credits. The current summary reflects the information publicly available about the bill’s title, purpose, and status.

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

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