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HB 223

Georgia - Session 1033

House enacted 2025-05-08
Bill Details

Title: Revenue and taxation; exclude from the calculation of taxable net income certain disaster relief or assistance grant program payments for agricultural losses suffered due to Hurricane Helene

Summary

A BILL to be entitled an Act to amend Title 48 of the O.C.G.A., relating to revenue and taxation, so as to exclude from the calculation of taxable net income certain disaster relief or assistance grant program payments for agricultural losses suffered due to Hurricane Helene; to provide for refundable income tax credits for certain timber producers based on certain casualty losses related to Hurricane Helene; to provide for related matters; to provide for an effective date; to repeal conflicting laws; and for other purposes.

Sponsor
Burchett, James
Official Source Back to Bills
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Actions Timeline
Date Event Detail
2025-02-03 Introduced Bill introduced
2025-05-08 Status enacted
2025-05-08 Latest Action Effective Date
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