HB 1145 - Income tax; tax credit for new freight rail infrastructure and locomotive property; provisions

Committees

Current Status

02/11/10 - House Second Readers

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 for new qualified freight rail infrastructure property and qualified locomotive property; to provide for definitions; to provide for conditions and limitations; to provide for powers, duties, and authority of the state revenue commissioner with respect to the foregoing; to provide an effective date; to provide for applicability; to repeal conflicting laws; and for other purposes.

Status History

Bill History
DateAction
02/10/2010House First Readers
02/11/2010House Second Readers