HB 1162 - Income tax; certain exemptions and deductions; amend provisions (4)

First Reader Summary

A BILL to amend Chapter 7 of Title 48 of the Official Code of Georgia Annotated, relating to income taxes, so as to increase the amount of taxpayer and dependent exemptions with respect to Georgia taxable net income; to increase the amount of the deduction in lieu of a personal exemption with respect to estates or trusts; to increase the amount of deductions that may be taken by taxpayers who have reached age 65 or are blind; and for other purposes.

Walker, Larry (141st) Buck, III, Thomas B (135th) Lee, William J (94th)
Murphy, Thomas B (18th) Connell, Jack (115th) Skipper, Jimmy (137th)
Full Text HC: W&M SC: F&PU
F/R: 01/12/98 L/A: 01/28/98 Signed by Governor
Code Sections Amended: 48
House Action Senate
1/12/98 Read 1st Time 1/15/98
1/13/98 Read 2nd Time 1/26/98
1/13/98 Favorably Reported 1/16/98
1/14/98 Read 3rd Time 1/27/98
1/14/98 Passed/Adopted 1/27/98
FA Comm/Floor Amend/Sub
1/27/98 Sent to Governor
1/28/98 Signed by Governor
499 Act/Veto Number
1/28/98 Effective Date

Code Sections

Code Sections amended: 48-7-26, 48-7-27, 48-7-101

Clerk of the House
Robert E. Rivers, Jr., Clerk
Last Updated on 04/20/98