Georgia House of Representatives - 1995/1996 Sessions

HB 13 - Pro-family Tax Equity Act of 1996; enact

Page Numbers - 1/ 2/ 3

1. Kaye  37th             2. Falls  125th            3. Bunn  74th
4. Mills  21st            5. Hembree  98th           6. Maddox  108th


House Comm: W&M        /                Senate Comm:            /                                   
House Vote: Yeas       Nays             Senate Vote: Yeas     Nays                                  
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               House          Action         Senate                                                 
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              1/13/95  Read 1st Time                                                                
              1/23/95  Read 2nd Time                                                                
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Code Sections amended:                                                                              


HB 13                                             LC 18 6353






                        A BILL TO BE ENTITLED
                               AN ACT


  1- 1  To amend Code Section 48-7-20 of the Official Code of
  1- 2  Georgia Annotated, relating to state income taxation, so as
  1- 3  to change certain tax tables used for computing such tax; to
  1- 4  provide for a short title; to provide an effective date; to
  1- 5  provide for applicability; to repeal conflicting laws; and
  1- 6  for other purposes.

  1- 7       BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:

                         SECTION 1.

  1- 8  This Act shall be known and may be cited as the "Pro-family
  1- 9  Tax Equity Act of 1996."

                         SECTION 2.

  1-10  Code Section 48-7-20 of the Official Code of Georgia
  1-11  Annotated, relating to state income taxation, is amended by
  1-12  striking paragraph (1) of subsection (b) and inserting in
  1-13  its place a new paragraph (1) to read as follows:

  1-14      "(b)(1) The tax imposed pursuant to subsection (a) of
  1-15      this Code section shall be computed in accordance with
  1-16      the following tables:

  1-17                       SINGLE PERSON AND
  1-18            MARRIED PERSON FILING A SEPARATE RETURN

  1-19             If Georgia Taxable
  1-20               Net Income Is:                The Tax Is:

  1-21      Not over $750.00 ...............            1%

  1-22      Over $750.00 but not over
  1-23      $2,250.00 ...................... $7.50 plus 2% of amount
                                     over $750.00

  1-24      Over $2,250.00 but not over
  1-25      $3,750.00 ...................... $37.50 plus 3% of
                                     amount over $2,250.00





                                 -1- (Index)

                                                  LC 18 6353

  2- 1      Over $3,750.00 but not over
  2- 2      $5,250.00 ...................... $82.50 plus 4% of
                                     amount over $3,750.00

  2- 3      Over $5,250.00 but not over
  2- 4      $7,000.00 ...................... $142.50 plus 5% of
                                     amount over $5,250.00

  2- 5      Over $7,000.00 ................. $230.00 plus 6% of
                                     amount over $7,000.00

  2- 6            MARRIED PERSON FILING A SEPARATE RETURN

  2- 7             If Georgia Taxable
  2- 8               Net Income Is:                The Tax Is:

  2- 9      Not over $500.00 ...............            1%

  2-10      Over $500.00 but not over
  2-11      $1,500.00 ...................... $5.00 plus 2% of amount
                                     over $500.00

  2-12      Over $1,500.00 but not over
  2-13      $2,500.00 ...................... $25.00 plus 3% of
                                     amount over $1,500.00

  2-14      Over $2,500.00 but not over
  2-15      $3,500.00 ...................... $55.00 plus 4% of
                                     amount over $2,500.00

  2-16      Over $3,500.00 but not over
  2-17      $5,000.00 ...................... $95.00 plus 5% of
                                     amount over $3,500.00

  2-18      Over $5,000.00 ................. $170.00 plus 6% of
                                     amount over $5,000.00

  2-19             MARRIED PERSONS FILING A JOINT RETURN

  2-20             If Georgia Taxable
  2-21               Net Income Is:                The Tax Is:

  2-22      Not over $1,500.00 ............             1%

  2-23      Over $1,500.00 but not over
  2-24      $4,500.00 ..................... $15.00 plus 2% of amount
                                    over $1,500.00

  2-25      Over $4,500.00 but not over
  2-26      $7,500.00 ..................... $75.00 plus 3% of amount
                                    over $4,500.00





                                 -2- (Index)

                                                  LC 18 6353

  3- 1      Over $7,500.00 but not over
  3- 2      $10,500.00 .................... $165.00 plus 4% of
                                    amount over $7,500.00

  3- 3      Over $10,500.00 but not over
  3- 4      $14,000.00 .................... $285.00 plus 5% of
                                    amount over $10,500.00

  3- 5      Over $14,000.00 ............... $460.00 plus 6% of
                                    amount over $14,000.00

  3- 6             HEAD OF HOUSEHOLD AND MARRIED PERSONS
  3- 7                     FILING A JOINT RETURN

  3- 8             If Georgia Taxable
  3- 9               Net Income Is:                The Tax Is:

  3-10      Not over $1,000.00 ............             1%

  3-11      Over $1,000.00 but not over
  3-12      $3,000.00 ..................... $10.00 plus 2% of amount
                                    over $1,000.00

  3-13      Over $3,000.00 but not over
  3-14      $5,000.00 ..................... $50.00 plus 3% of amount
                                    over $3,000.00

  3-15      Over $5,000.00 but not over
  3-16      $7,000.00 ..................... $110.00 plus 4% of
                                    amount over $5,000.00

  3-17      Over $7,000.00 but not over
  3-18      $10,000.00 .................... $190.00 plus 5% of
                                    amount over $7,000.00

  3-19      Over $10,000.00 ............... $340.00 plus 6% of
                                    amount over $10,000.00"

                         SECTION 3.

  3-20  This Act shall become effective on January 1, 1996, and
  3-21  shall be applicable to all taxable years beginning on or
  3-22  after that date.

                         SECTION 4.

  3-23  All laws and parts of laws in conflict with this Act are
  3-24  repealed.







                                 -3- (Index)