Georgia Downtown Renaissance Investment Tax Credit Act; enact

A BILL to be entitled an Act to amend Article 2 of Chapter 7 of Title 48 of the O.C.G.A., relating to the imposition, rate, computation, and exemptions from state income tax, so as to revise and change provisions regarding state income tax credits; to provide for state income tax credits for certain downtown investments; to provide for state income tax credits for qualified contributions to a Georgia Renaissance Fund; to provide for state income tax credits for certain downtown housing investments; to provide for short titles; to provide for procedures, conditions, and limitations; to provide for powers, duties, and authority of the state revenue commissioner, the Department of Revenue, and the Department of Community Affairs; to provide for related matters; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.