2017-2018 Regular Session - HB 735
Income tax credit; expenditures on the maintenance of a railroad track owned or leased by a Class III railroad; create
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 and exemptions from state income taxes, so as to create an income tax credit for expenditures on the maintenance of railroad track owned or leased by a Class III railroad; to provide for rules and regulations related to such income tax credit; to provide for certain conditions and limitations; to require annual reporting of certain statistics related to such credit; to provide for definitions; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.
Feb/08/2018 - House Committee Favorably Reported By Substitute
Jan/29/2018 - House Second Readers
Jan/25/2018 - House First Readers
Jan/24/2018 - House Hopper