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Bill > HB328
GA HB328
GA HB328Revenue and taxation; increase annual aggregate limit for tax credits available for certain contributions to student scholarship organizations
summary
Introduced
02/06/2025
02/06/2025
In Committee
03/23/2026
03/23/2026
Crossed Over
03/06/2025
03/06/2025
Passed
Dead
Introduced Session
Potential new amendment
2025-2026 Regular Session
Bill Summary
AN ACT To amend Chapter 2A of Title 20 and Chapter 7 of Title 48 of the Official Code of Georgia Annotated, relating to student scholarship organizations and income taxes, respectively, so as to revise provisions for student eligibility and maximum scholarship amounts; to provide for military students and students with Individualized Education Programs (IEPs), Section 504 Plans, or other designated disabilities; to provide for such designation; to prohibit members of the General Assembly and their spouses from receiving income from student scholarship organizations that receive certain contributions; to provide for an alternative method for the deposit of a scholarship award; to increase the annual aggregate limit of tax credits allowed for certain contributions to student scholarship organizations; to increase the annual aggregate amount of such tax credits allowed for business enterprises for state insurance premium tax liability; to increase the annual aggregate limit for tax credits available for qualified education donations; to provide for related matters; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.
AI Summary
This bill expands eligibility for student scholarships by including children of active duty military stationed in Georgia, students with Individualized Education Programs (IEPs) or Section 504 Plans, and those diagnosed with specific learning or developmental disabilities, and it also increases the annual aggregate limit for tax credits available for contributions to student scholarship organizations from $120 million to $225 million, with a specific increase for business enterprises' insurance premium tax liability from $6 million to 6% of the aggregate credit amount, and it also raises the annual limit for tax credits for donations to nonprofit corporations that award grants to public schools from $15 million to $25 million per year, while also prohibiting members of the General Assembly and their spouses from receiving income from student scholarship organizations that benefit from these tax credits, and it allows for alternative electronic deposit methods for scholarship awards.
Committee Categories
Budget and Finance
Sponsors (7)
Kasey Carpenter (R)*,
John Carson (R)*,
Houston Gaines (R)*,
Scott Hilton (R)*,
Martin Momtahan (R)*,
Jason Ridley (R)*,
Shawn Still (R),
Last Action
Senate Agreed House Amend or Sub (on 04/02/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.legis.ga.gov/legislation/70057 |
| Floor Amendment AM 49 0333 | https://www.legis.ga.gov/api/legislation/document/20252026/248620 |
| BillText | https://www.legis.ga.gov/api/legislation/document/20252026/246950 |
| BillText | https://www.legis.ga.gov/api/legislation/document/20252026/246130 |
| BillText | https://www.legis.ga.gov/api/legislation/document/20252026/235696 |
| BillText | https://www.legis.ga.gov/api/legislation/document/20252026/234984 |
| BillText | https://www.legis.ga.gov/api/legislation/document/20252026/231674 |
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