Revise residential and commercial property rates

This bill (LC 1878) proposed changes to residential and commercial property tax rates, which would have directly affected property owners and businesses paying these taxes. The bill's title indicates it aimed to revise how property taxes are calculated or structured, though no specific mechanisms were detailed in the available context. However, the bill never advanced beyond the drafting stage, as its draft was placed on hold and ultimately died in process on May 27, 2025. Therefore, no actual policy changes were implemented through this bill.