GA HB481 | 2021-2022 | Regular Session

Status

Spectrum: Slight Partisan Bill (Republican 4-2)
Status: Introduced on February 16 2021 - 25% progression, died in committee
Action: 2021-02-18 - House Second Readers
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

A BILL to be entitled an Act to amend Article 2 of Chapter 7 of Title 48 of the Official Code of Georgia Annotated, relating to imposition, rate, computation, and exemptions from state income taxes, so as to provide for tax credits for high-impact aerospace defense projects; to revise a job tax credit; to allow such tax credit to be taken in conjunction with certain other tax credits; to revise a manufacturing tax credit; to change the requirements for such tax credit for certain projects; to change the aggregate credit cap for certain projects; to revise definitions; to provide for related matters; to repeal conflicting laws; and for other purposes.

Tracking Information

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Title

Income tax; high-impact aerospace defense projects; provide tax credits

Sponsors


History

DateChamberAction
2021-02-18HouseHouse Second Readers
2021-02-17HouseHouse First Readers
2021-02-16HouseHouse Hopper

Georgia State Sources


Bill Comments

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