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HB 136

Georgia - Session 1033

House enacted 2025-07-01
Bill Details

Title: Income tax; contributions to foster child support organizations; expand tax credit

Summary

A BILL to be entitled an Act to amend Chapter 7 of Title 48 of the O.C.G.A., relating to income taxes, so as to expand the tax credit for contributions to foster child support organizations to allow such organizations to include as qualified expenditures wraparound and mentorship services for justice involved youth; to expand the wraparound services that are qualified expenditures; to provide for such tax credits to be used by certain insurance companies against insurance premium tax liability; to provide for conditions and limitations; to provide for reporting and public website requirements; to provide for certifying and decertifying qualified organizations; to provide for information sharing and limitations thereof; to provide for related matters; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.

Sponsor
Newton, Mark
Official Source Back to Bills
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Actions Timeline
Date Event Detail
2025-01-27 Introduced Bill introduced
2025-07-01 Status enacted
2025-07-01 Latest Action Effective Date
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