Income tax; Georgia net taxable income of corporations; provide a deduction

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, computation, and exemptions from state income tax, so as to provide a deduction from the Georgia net taxable income of corporations for assessments paid by a taxpayer that were imposed on such taxpayer pursuant to the Federal Deposit Insurance Act; to provide for related matters; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.