GA HB895 | 2023-2024 | Regular Session

Status

Spectrum: Partisan Bill (Republican 6-0)
Status: Introduced on January 10 2024 - 25% progression, died in committee
Action: 2024-01-12 - 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 the imposition, rate, computation, exemptions, and credits for state income tax, so as to exclude from taxation any net capital gains or losses derived from the sale or exchange of precious metals in the form of bullion or coins; to provide for related matters; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.

Tracking Information

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Title

State income tax; net capital gain or losses derived from sales or exchange of precious metals; exclude

Sponsors


History

DateChamberAction
2024-01-12HouseHouse Second Readers
2024-01-11HouseHouse First Readers
2024-01-10HouseHouse Hopper

Georgia State Sources


Bill Comments

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