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Georgia General Assembly > Legislation
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2007-2008 Regular Session - HB 437
Income tax credits; certain qualified low-income community investments; provide
Sponsored By
HC: Ways & MeansSC:
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 imposition and computation of income taxes, so as to provide for state income and financial institutions tax credits with respect to certain qualified low-income community investments and long-term debt securities; to define terms; to provide for allocation of credits by the Department of Economic Development; to provide for recapture; to provide for rules and regulations; to provide for related matters; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.
Status History
Feb/15/2007 - House Second Readers
Feb/14/2007 - House First Readers
Feb/13/2007 - House Hopper