GA HB921 | 2015-2016 | Regular Session

Status

Spectrum: Partisan Bill (Republican 6-0)
Status: Introduced on February 4 2016 - 25% progression, died in committee
Action: 2016-02-09 - 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, and exemptions from state income taxation, so as to provide tax credit incentives to promote the revitalization of vacant rural Georgia downtowns by encouraging investment, job creation, and economic growth in long-established business districts; to provide for definitions; to delineate procedures, conditions, eligibility, and limitations; to provide for powers, duties, and authority of the commissioner of community affairs, the commissioner of economic development, and the revenue commissioner; to provide for related matters; to provide for an effective date and automatic repeal; to repeal conflicting laws; and for other purposes.

Tracking Information

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Title

Income tax; promote revitalization of vacant rural Georgia downtowns; provide tax credit incentives

Sponsors


History

DateChamberAction
2016-02-09HouseHouse Second Readers
2016-02-08HouseHouse First Readers
2016-02-04HouseHouse Hopper

Georgia State Sources


Bill Comments

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