Income tax; credit for new purchases and acquisitions of qualified investment property shall be earnable for mining and mining facilities and allowed against a taxpayer's payroll withholding; provide

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, computation, and exemptions from state income tax, so as to provide that credit for new purchases and acquisitions of qualified investment property shall be earnable for mining and mining facilities and allowed against a taxpayer's payroll withholding; to provide that certain previously claimed and unused tax credits earned by taxpayers may be applied against such taxpayers' payroll withholding under certain conditions; to provide for conditions and limitations; to provide for applications and proration; to revise definitions; to provide for related matters; to provide for an effective date and application; to repeal conflicting laws; and for other purposes.