GA HB490 | 2023-2024 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 6-0)
Status: Introduced on February 16 2023 - 25% progression, died in committee
Action: 2023-02-22 - House Second Readers
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 16 2023 - 25% progression, died in committee
Action: 2023-02-22 - 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 Chapter 7 of Title 48 of the Official Code of Georgia Annotated, relating to income taxes, so as to revise a deduction related to depreciation for single-family residential rental property; to provide for related matters; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.
Title
Income tax; depreciation for single-family residential rental property; revise a deduction
Sponsors
| Rep. Spencer Frye [D] | Rep. Debra Bazemore [D] | Rep. Inga Willis [D] | Rep. Scott Holcomb [D] |
| Rep. Ruwa Romman [D] | Rep. Marvin Lim [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2023-02-22 | House | House Second Readers |
| 2023-02-21 | House | House First Readers |
| 2023-02-16 | House | House Hopper |
Georgia State Sources
| Type | Source |
|---|---|
| Summary | https://www.legis.ga.gov/legislation/64591 |
| Text | https://www.legis.ga.gov/api/legislation/document/20232024/215154 |
