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]
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.
Title
Income tax; high-impact aerospace defense projects; provide tax credits
Sponsors
Rep. Albert Reeves [R] | Rep. Teri Anulewicz [D] | Rep. Dave Belton [R] | Rep. Trey Kelley [R] |
Rep. Marcus Wiedower [R] | Rep. Erick Allen [D] |
History
Date | Chamber | Action |
---|---|---|
2021-02-18 | House | House Second Readers |
2021-02-17 | House | House First Readers |
2021-02-16 | House | House Hopper |
Georgia State Sources
Type | Source |
---|---|
Summary | https://www.legis.ga.gov/legislation/59728 |
Text | https://www.legis.ga.gov/api/legislation/document/20212022/197760 |