HB 264: Income tax; fully exempt residents who have reached the age of 100

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.

• 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.

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.

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.

• 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.

1. 2025-02-06House Second Readers (Cámara de Representantes)
2. 2025-02-05House First Readers (Cámara de Representantes)
3. 2025-02-04House Hopper (Cámara de Representantes)

• Jordan Ridley (R, HD-022)Patrocinador principal
• 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)

• income tax
• senior citizens
• tax exemptions
• elderly Georgians