Georgia House Bill 1058 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Moderate Partisan Bill (Republican 6-1)
Status: Passed on May 5 2022 - 100% progression
Action: 2022-05-05 - Effective Date 2022-05-05
Text: Latest bill text (Enrolled) [PDF]

A BILL to be entitled an Act to amend Code Section 48-7-21, relating to income taxation of corporations, so as remove the requirement that affiliated corporations file separate income tax returns with this state unless the Department of Revenue has requested or preapproved the filing of consolidated returns; to authorize Georgia affiliated groups to elect to file separate or consolidated income tax returns; to provide for the effect of such elections; to provide for tax liability, allocation, and apportionment; to make such election irrevocable for five years; to authorize affiliated groups that have filed consolidated returns to continue under the current law; to provide for definitions; to provide for related matters; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.

Income tax; affiliated corporations file separate or consolidated returns; provisions

Rep. Bruce Williamson [R]	Rep. Marcus Wiedower [R]	Rep. David Knight [R]	Rep. David Wilkerson [D]
Rep. James Hatchett [R]	Rep. Kasey Carpenter [R]	Sen. Billy Hickman [R]

2022-04-04 - Senate - Passage: Senate Vote #848 (Y: 51 N: 0 NV: 2 Abs: 3) [PASS]
2022-04-01 - Senate - Motion To Engross: Hb 1421, Hb 1291, Hb 1437, Hb 428, Hb 923, Hb 1039, Hb 1058, Hb 1280, Hr 594, Hr 732, Hr 842: Senate Vote #776 (Y: 33 N: 19 NV: 4 Abs: 0) [PASS]
2022-03-03 - House - Passage: House Vote #593 (Y: 163 N: 0 NV: 7 Abs: 9) [PASS]

Date	Chamber	Action
2022-05-05		Effective Date 2022-05-05
2022-05-05		Act 824
2022-05-05	House	House Date Signed by Governor
2022-04-06	House	House Sent to Governor
2022-04-04	Senate	Senate Passed/Adopted
2022-04-04	Senate	Senate Third Read
2022-04-04	Senate	Senate Taken from Table
2022-04-01	Senate	Senate Tabled
2022-04-01	Senate	Senate Engrossed
2022-03-28	Senate	Senate Read Second Time
2022-03-25	Senate	Senate Committee Favorably Reported
2022-03-04	Senate	Senate Read and Referred
2022-03-03	House	House Passed/Adopted By Substitute
2022-03-03	House	House Third Readers
2022-02-24	House	House Committee Favorably Reported By Substitute
2022-02-01	House	House Second Readers
2022-01-27	House	House First Readers
2022-01-26	House	House Hopper

Type	Source
Summary	https://www.legis.ga.gov/legislation/61411
Text	https://www.legis.ga.gov/api/legislation/document/20212022/204078
Text	https://www.legis.ga.gov/api/legislation/document/20212022/207464
Text	https://www.legis.ga.gov/api/legislation/document/20212022/208157
Text	https://www.legis.ga.gov/api/legislation/document/20212022/212177
Roll Call	https://www.legis.ga.gov/legislation/61411#19277
Roll Call	https://www.legis.ga.gov/legislation/61411#19741
Roll Call	https://www.legis.ga.gov/legislation/61411#19874