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03 LC 21 7089
House Bill 100
By: Representatives Mosley of the 129th, Post 1, Birdsong of the 104th, Smith of the 129th, Post 2, Purcell of the 122nd, Greene of the 134th and others
By: Representatives Mosley of the 129th, Post 1, Birdsong of the 104th, Smith of the 129th, Post 2, Purcell of the 122nd, Greene of the 134th and others
A BILL TO BE
ENTITLED
AN ACT
AN ACT
To amend Code Section 48_7_27 of the Official Code of
Georgia Annotated, relating to the computation of taxable net income tax, so as
to exclude from state income taxation the salary of Georgia citizens on active
military duty and residing outside the state; to provide for applicability; to
repeal conflicting laws; and for other purposes.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF
GEORGIA:
SECTION 1.
Code Section 48_7_27 of the Official Code of Georgia
Annotated, relating to the computation of taxable net income tax, is amended by
striking the word "and" at the end of paragraph (10) of subsection (a); by
striking the symbol (.) at the end of paragraph (11) of subsection (a) and
inserting in lieu thereof the word and symbol "and;"; and by inserting at the
end of subsection (a) the
following:
"(12) For taxable years on and after January 1, 2004, an amount equal to the military salary received by a Georgia citizen on active military duty during any month in which such citizen resided outside the state."
"(12) For taxable years on and after January 1, 2004, an amount equal to the military salary received by a Georgia citizen on active military duty during any month in which such citizen resided outside the state."
SECTION 2.
All laws and parts of laws in conflict with this Act are
repealed.