Income tax; limit carry-forward periods of certain income tax credits
It became law on Jan 1, 2025.
- Stage
- Became law
- Started in
- House
- Sponsors
- 4
- Latest action
- Jan 1, 2025
What it does
A BILL to be entitled an Act to amend Chapter 7 of Title 48 of the Official Code of Georgia Annotated, relating to income taxes, so as to limit the carry-forward periods of certain income tax credits; to provide for expirations of certain credits; to amend Code Sections 3-6-70, 33-8-13, 48-5C-1, 48-8-3, and 48-11-2 of the Official Code of Georgia Annotated, relating to exemptions from excise tax on wine, exemption of certain insurance companies from taxes, definitions, exemption from taxation, allocation and disbursement of proceeds collected by tag agents, fair market value of vehicle appealable, and report relative to alternative ad valorem tax on motor vehicles, state sales and use tax…
Where it stands
This bill passed and is now law.
Introduced (Done)
Committee (Done)
Floor (Done)
Law (Done)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
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Where it goes next
Once a bill is decided, the questions are about what is done with it in Georgia.