HB 655 - Income taxes; net capital gains excluded from state taxable income; provide

Sponsored By

• (1) Smith,Richard 131st
• (2) Burkhalter,Mark 50th
• (3) Keen,Jerry 179th
• (4) Smith,Bob 113th
• (5) Mills,James 25th
• (6) Harbin,Ben 118th

Committees

• HC:W&M
• SC:

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 imposition, rate, and computation of income taxes, so as to provide that net capital gains shall be excluded from state taxable income of corporations and individuals; to provide for related matters; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.

Status History

Versions

1. LC 14 0058/a