HB 12 - Taxable net income; certain business relocations; exclude attributable income

Committees

Current Status

01/26/05 - House Second Readers

First Reader Summary

A BILL to be entitled an Act to amend Chapter 7 of Title 48 of the Official Code of Georgia Annotated, relating to income taxes, so as to provide that Georgia taxable net income of any taxpayer shall not include income which is attributable directly to the business of any taxpayer which has been relocated to certain vacant office space; to provide for conditions and limitations; to provide an effective date; to provide for applicability; to repeal conflicting laws; and for other purposes.

Status History

Bill History
Date Action
11/29/2004 House Prefiled
01/25/2005 House First Readers
01/26/2005 House Second Readers