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Georgia General Assembly > Legislation
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2001-2002 Regular Session - SB 103
Income Tax Exclusions and Credits; taxpayer deposits into individual development savings accounts; fiduciaries
Sponsored By
Committees
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 income exclusions and tax credits with respect to individual development accounts; to provide for procedures, conditions, and limitations; to provide for authority of the state revenue commissioner with respect to the foregoing; to amend Chapter 8 of Title 50 of the Official Code of Georgia Annotated, relating to the Department of Community Affairs, so as to provide for the comprehensive regulation of individual development accounts; to provide for procedures, conditions, and limitations with respect to the creation and operation of such accounts; to repeal conflicting laws; and for other purposes.
Status History
Feb/02/2001 - Senate Read and Referred
Feb/01/2001 - Senate Hopper
Versions
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