Bill > HB388

This bill amends Georgia's state income tax law to create a new tax exemption for military personnel. Specifically, the bill provides that income received as personal compensation for active duty service in the United States armed forces while stationed outside of Georgia will be exempt from state income tax. The tax exemption will become effective on July 1, 2025, and will apply to all taxable years beginning on or after January 1, 2026. By offering this tax exemption, the bill aims to provide financial relief to Georgia service members who are deployed outside of the state, potentially serving as an incentive for military retention and recognizing the sacrifices of military personnel. The bill follows standard legislative procedure by including provisions for its effective date and a standard clause repealing any conflicting laws.

Budget and Finance

https://www.legis.ga.gov/legislation/70188