GA HB1181 | 2023-2024 | Regular Session
Status
Completed Legislative Action
Spectrum: Moderate Partisan Bill (Republican 4-1)
Status: Passed on May 6 2024 - 100% progression
Action: 2024-05-06 - Effective Date 2025-01-01
Text: Latest bill text (Enrolled) [PDF]
Spectrum: Moderate Partisan Bill (Republican 4-1)
Status: Passed on May 6 2024 - 100% progression
Action: 2024-05-06 - Effective Date 2025-01-01
Text: Latest bill text (Enrolled) [PDF]
Summary
A BILL to be entitled an Act to amend Chapter 7 of Title 48 of the Official Code of Georgia Annotated, relating to income taxes, so as to limit the carry-forward periods of certain income tax credits; to provide for expirations of certain credits; to amend Code Sections 3-6-70, 33-8-13, 48-5C-1, 48-8-3, and 48-11-2 of the Official Code of Georgia Annotated, relating to exemptions from excise tax on wine, exemption of certain insurance companies from taxes, definitions, exemption from taxation, allocation and disbursement of proceeds collected by tag agents, fair market value of vehicle appealable, and report relative to alternative ad valorem tax on motor vehicles, state sales and use tax exemptions, and excise tax imposed, rates for tobacco and vaping products, exemptions, collection and payment, and tax separately identified, respectively, so as to provide for sunset dates; to provide for related matters; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.
Title
Income tax; limit carry-forward periods of certain income tax credits
Sponsors
| Rep. Charles Martin [R] | Rep. Shaw Blackmon [R] | Rep. Bruce Williamson [R] | Rep. Debbie Buckner [D] |
| Sen. John Albers [R] |
Roll Calls
2024-03-11 - Senate - Passage: Senate Vote #644 (Y: 45 N: 2 NV: 1 Abs: 8) [PASS]
2024-03-11 - Senate - Motion To Engross: Senate Vote #640 (Y: 29 N: 21 NV: 2 Abs: 4) [PASS]
2024-02-27 - House - Passage: House Vote #569 (Y: 166 N: 0 NV: 7 Abs: 5) [PASS]
2024-03-11 - Senate - Motion To Engross: Senate Vote #640 (Y: 29 N: 21 NV: 2 Abs: 4) [PASS]
2024-02-27 - House - Passage: House Vote #569 (Y: 166 N: 0 NV: 7 Abs: 5) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2024-05-06 | Effective Date 2025-01-01 | |
| 2024-05-06 | Act 598 | |
| 2024-05-06 | House | House Date Signed by Governor |
| 2024-04-01 | House | House Sent to Governor |
| 2024-03-11 | Senate | Senate Passed/Adopted |
| 2024-03-11 | Senate | Senate Third Read |
| 2024-03-11 | Senate | Senate Engrossed |
| 2024-03-08 | Senate | Senate Read Second Time |
| 2024-03-07 | Senate | Senate Committee Favorably Reported |
| 2024-02-29 | Senate | Senate Read and Referred |
| 2024-02-27 | House | House Passed/Adopted By Substitute |
| 2024-02-27 | House | House Third Readers |
| 2024-02-21 | House | House Committee Favorably Reported By Substitute |
| 2024-02-09 | House | House Second Readers |
| 2024-02-08 | House | House First Readers |
| 2024-02-07 | House | House Hopper |
