SB 14 - Taxes; qualified home improvement expenses; tax credits; conditions/limitations

Sponsored By

Committees

Current Status

02/07/05 - Senate Read and Referred

First Reader 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 the imposition, rate, and computation of income tax, so as to provide for an income tax credit with respect to qualified home improvement expenses; to provide for conditions and limitations; to provide for an income tax credit with respect to certain commercial real property located in a community improvement district; to provide for an income tax credit with respect to a business located in a community improvement district; to provide for powers, duties, and authority of the state revenue commissioner with respect to the foregoing; to provide an effective date; to repeal conflicting laws; and for other purposes.

Status History

Bill History
Date Action
12/03/2004 Senate Prefile
02/07/2005 Senate Read and Referred