Georgia CommonsHB 264: Income tax; fully exempt residents who have reached the age of 100
Last action February 6, 2025 · House Second Readers
A Georgia House bill would exempt residents age 100 and older from paying state income tax starting with the 2025 tax year.
The summaries below were written by an AI model (claude-sonnet-5) from the text of the bill and are not part of it. Quote the text, not the summary. The stored text is the Introduced version, the latest LegiScan holds.
In plain language
Georgia currently taxes the income of all residents based on their taxable net income, as set out in the state's individual income tax law (O.C.G.A. § 48-7-20). This bill would carve out an exception for the very oldest Georgians. Starting with tax years beginning on or after January 1, 2025, any Georgia resident who has already turned 100 before the start of that tax year would owe no state income tax at all. The bill makes this change by adding a new provision to the existing tax code section rather than rewriting the whole system. It leaves the tax on nonresidents' Georgia-sourced income and the general rules for collecting the tax unchanged, simply adding the age-100 exemption alongside them.
What the bill does
- Eliminates Georgia state income tax entirely for residents who have reached age 100 before the start of the tax year.
- Applies starting with tax years beginning on or after January 1, 2025.
- Leaves the existing tax on nonresidents' Georgia-sourced income unchanged.
- Repeals any other state laws that conflict with this new exemption.
Who it affects
Georgia residents who are 100 years old or older, and their families or caregivers who may help manage their finances. It does not change tax treatment for nonresidents or for residents under age 100.
Why it matters
For the small number of Georgians who reach their 100th birthday, this bill would remove their state income tax bill entirely, potentially freeing up income for living expenses, medical care, or family support during their final years.
Key provisions
- Section 1 amends O.C.G.A. § 48-7-20(a) to add that no state income tax is imposed on a resident who has reached age 100 or older before January 1 of the taxable year.
- The exemption applies to taxable years beginning on or after January 1, 2025.
- The existing tax on nonresidents' Georgia-sourced income, listed as new paragraph (2), remains in place unchanged.
- Section 2 repeals any conflicting state laws.
From the bill
“no such tax is imposed on any resident of this state who has reached the age of 100 or older prior to January 1 of such taxable year”
Status timeline
- House Second Readers (House)
- House First Readers (House)
- House Hopper (House)
Sponsors
- Jordan Ridley (R, HD-022)
- Jason Ridley (R, HD-006)
- Mitchell Horner (R, HD-003)
- Alan Powell (R, HD-033)
- Steve Tarvin (R, HD-002)
- Carter Barrett (R, HD-024)
Topics
- income tax
- senior citizens
- tax exemptions
- elderly Georgians