Georgia - Session 1033
Title: Income tax; reduce tax rate that may be reached under certain conditions
A BILL to be entitled an Act to amend Article 2 of Chapter 7 of Title 48 and Part 1 of Article 4 of Chapter 12 of Title 45 of the Official Code of Georgia Annotated, relating to the imposition, rate, computation, exemptions, and credits relative to income taxes and management of budgetary and financial affairs, respectively, so as to reduce the income tax rate that may be reached under certain conditions; to provide for certain amounts of the Revenue Shortfall Reserve to be used for tax relief; to increase the limitation on the maximum percentage of net revenue allowed to be held in the Revenue Shortfall Reserve; to remove outdated provisions; to provide for related matters; to provide for an effective date; to repeal conflicting laws; and for other purposes.
Tracking state legislation? Support LegiList with a small contribution. Independent, ad-free, and built by one developer.
| Date | Event | Detail |
|---|---|---|
| 2025-03-28 | Introduced | Bill introduced |
| 2026-03-09 | Status | in_committee |
| 2026-03-09 | Latest Action | Senate Read and Referred |
| Bill | Title | Status |
|---|---|---|
| HB 90 | Revenue and taxation; increase maximum acreage to qualify for assessment and taxation as a bona fide conservation use property | enacted |
| HB 1001 | Income tax; reduce rate of tax | in_committee |
| HB 1070 | Income tax; increase and extend a credit for expenditures on maintenance of railroad track owned or leased by Class III railroads | in_committee |
| HB 1077 | Sales and use tax; exemption for sales of tickets, fees, and charges of admission to certain museums and fine arts performances or exhibitions at nonprofit facilities; extend sunset date | in_committee |
| HB 1085 | Income tax; various tax credits for forestry manufacturing facilities; provide | in_committee |
| HB 1112 | Commerce and trade; rounding of total price of sale of goods or services when using legal tender; provide | in_committee |
| HB 1129 | Local government; designation of enterprise zones; provisions | in_committee |
| HB 1133 | Georgia Environmental Finance Authority; finance and perform certain duties in connection with projects related to facilitating solar installations on closed landfills; authorize | in_committee |