Bill > HB79

This bill, titled the "Firearm Safe Handling Tax Credit Act," introduces two main provisions related to firearms and taxation in Georgia. First, it establishes a tax credit for individuals who incur "eligible expenses," meaning costs associated with completing an in-person firearm safe handling instructional course that lasts at least two hours and covers safe handling, use, and storage. The credit amount is the lesser of the actual expenses or $300, with an overall annual cap of $10 million for all such credits statewide, and applications will be preapproved on a first-come, first-served basis until the cap is reached, with a denial for any requests that cannot be fully funded. This provision also prohibits the creation of lists of individuals who receive this credit and will be repealed on December 31, 2031. Second, the bill exempts sales of firearms, ammunition, gun safes, and related accessories from sales and use taxes for a four-day period each year, specifically starting on the second Friday of October, and this exemption will be repealed on July 1, 2030.

Budget and Finance

https://www.legis.ga.gov/legislation/69411