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]
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.
Title
State income tax; net capital gain or losses derived from sales or exchange of precious metals; exclude
Sponsors
Rep. Jordan Ridley [R] | Rep. Jason Ridley [R] | Rep. Alan Powell [R] | Rep. Mitchell Horner [R] |
Rep. Holt Persinger [R] | Rep. Johnny Chastain [R] |
History
Date | Chamber | Action |
---|---|---|
2024-01-12 | House | House Second Readers |
2024-01-11 | House | House First Readers |
2024-01-10 | House | House Hopper |
Georgia State Sources
Type | Source |
---|---|
Summary | https://www.legis.ga.gov/legislation/65984 |
Text | https://www.legis.ga.gov/api/legislation/document/20232024/220979 |