Bill > HB134

Introduced Session

AN ACT To amend Title 33 and Title 48 of the Official Code of Georgia Annotated, relating to insurance and revenue and taxation, respectively, so as to reduce the personal income tax rate; to remove provisions relative to annual reductions of the income tax; to reduce the rates of taxation on corporate and partnership income; to increase the amount of the standard deduction from state taxable income for individuals; to provide a sunset date for all credits against Georgia taxable net income; to repeal the abatement or reduction of gross premium tax levied against insurance companies, the dollar-for-dollar credit against state income tax liability for banks and other financial institutions, credits for manufacturers of medical equipment and supplies, pharmaceuticals, medicine, and personal protective equipment, optional income tax credits for existing manufacturing and telecommunications facilities in tier 3 and 4 counties, credits for alternative fuel, low-emission, and zero-emission vehicles and electric vehicle chargers, businesses headquartered in this state, businesses engaged in manufacturing cigarettes for exportation, business enterprises that purchase or lease a motor vehicle to provide transportation for employees, base year port traffic increases, and teleworking expenses; to modify such credits for low-income housing and qualified investments in a research fund; to repeal the state sales tax and use exemptions for the rental of videotape or motion picture film, the sale of aircraft, watercraft, and motor vehicles under certain circumstances; to repeal such exemptions for the sale to licensed commercial fishermen of bait for taking crabs, printed advertising inserts or supplements, the sale of machinery or equipment used to reduce air or water pollution, high-technology company computer equipment sales, data center equipment, sales of machinery, equipment, and materials used in the construction or operation of certain buildings, the sale of natural or artificial gas under certain circumstances, and the maintenance, refitting, and repair of any boat; to allow for the continued use of certificates of exemption issued prior to the date of repeal as they relate to certain sales and use tax exemptions; to provide for conforming changes; to provide for related matters; to provide for an effective date and applicability; to provide a short title; to repeal conflicting laws; and for other purposes.

AI Summary

Committee Categories

James Burchett (R)*,  Beth Camp (R)*,  John Corbett (R)*,  Rick Jasperse (R)*,  David Jenkins (R)*,  Noel Williams (R)*,  Blake Tillery (R), 

Senate Passed/Adopted By Substitute (on 02/12/2026)

Official Document