SB 14 - Taxes; qualified home improvement expenses; tax credits; conditions/limitations

Sponsored By

• (1) Thompson,Curt 5th

Committees

• SC:FIN
• HC:

Current Status

First Reader Summary

A BILL to be entitled an Act to amend Article 2 of Chapter 7 of Title 48 of the Official Code of Georgia Annotated, relating to the imposition, rate, and computation of income tax, so as to provide for an income tax credit with respect to qualified home improvement expenses; to provide for conditions and limitations; to provide for an income tax credit with respect to certain commercial real property located in a community improvement district; to provide for an income tax credit with respect to a business located in a community improvement district; to provide for powers, duties, and authority of the state revenue commissioner with respect to the foregoing; to provide an effective date; to repeal conflicting laws; and for other purposes.

Status History

Versions

1. As introduced LC 18 3824