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HB 1329 - Taxable net income; exclude disaster funds; certain tax credit (2)

Jenkins, Curtis S (110th)	Royal, A. Richard (164th)	Holland, Ray (157th)
Heard, Keith G (89th)	Graves, David B (125th)

Status Summary	HC:	W&M	SC:		FR:	02/03/00	LA:	02/04/00	H - Read 2nd Time

First Reader Summary

A BILL to amend Chapter 7 of Title 48 of the Official Code of Georgia Annotated, relating to income taxes, so as to provide that Georgia taxable net income of an individual taxpayer shall not include income which consists of disaster funds, assistance, or benefits received or recovered from GEMA or FEMA; to provide for a tax credit with respect to certain disaster assistance; and for other purposes.

Code Sections

Code Sections amended: 48-7-27, 48-7-29.4