HB 481 Georgia House · 2021-2022 Regular Session

Income tax; high-impact aerospace defense projects; provide tax credits

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, computation, and exemptions from state income taxes, so as to provide for tax credits for high-impact aerospace defense projects; to revise a job tax credit; to allow such tax credit to be taken in conjunction with certain other tax credits; to revise a manufacturing tax credit; to change the requirements for such tax credit for certain projects; to change the aggregate credit cap for certain projects; to revise definitions; to provide for related matters; to repeal conflicting laws; and for other purposes.
Bill status introduced 1 of 4 stages cleared
Introduction
Feb 2021
Committee Review
Floor Vote
Governor
Introduced Feb 16, 2021 Last action Feb 18, 2021
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6 primary · 0 co-sponsors

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