Bill > HB930

This bill introduces several tax credits and changes to Georgia state tax law, primarily focused on providing financial relief and support for workforce development. Starting January 1, 2026, the bill establishes a refundable tax credit for taxpayers to offset costs of groceries, transportation, and utilities, with amounts varying based on filing status and number of dependents ($1,000 for single filers, $2,000 for joint filers, and $1,000 per dependent). The bill also creates a workforce training tax credit of up to $1,000 for participating in approved training programs, which will be determined by the State Workforce Development Board through an annual High-Demand Workforce Training List that identifies critical training needs across the state. Additionally, the bill introduces a tax credit for rural attorneys practicing in counties with fewer than 50,000 residents, offering up to $5,000 annually for five years to encourage legal service in underserved areas. The legislation also expands housing tax credits for qualified Georgia projects that don't receive federal housing tax credits and imposes a new 0.20 percent excise tax on tangible personal property sales facilitated by marketplace facilitators. These provisions aim to provide economic support, encourage professional development, and support rural communities, with most provisions taking effect on January 1, 2026.

Budget and Finance

https://www.legis.ga.gov/legislation/72079