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Bill > HB1199
GA HB1199
GA HB1199Revenue and taxation; Internal Revenue Code and Internal Revenue Code of 1986; revise terms and incorporate certain provisions of federal law into Georgia law
summary
Introduced
02/05/2026
02/05/2026
In Committee
03/10/2026
03/10/2026
Crossed Over
02/20/2026
02/20/2026
Passed
03/20/2026
03/20/2026
Dead
Signed/Enacted/Adopted
03/20/2026
03/20/2026
Introduced Session
2025-2026 Regular Session
Bill Summary
AN ACT To amend Title 48 of the Official Code of Georgia Annotated, relating to revenue and taxation, so as to revise the definition of the terms "Internal Revenue Code" and "Internal Revenue Code of 1986" to incorporate certain provisions of the federal law into Georgia law; to provide for exemption of income taxes on overtime and tips; to provide for a sunset of such exemption; to provide for a cap on tax credits for qualified low-income buildings; to temporarily suspend collection of taxes on motor fuels; 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 updates Georgia's tax laws by revising how the "Internal Revenue Code" (the federal tax code) is referenced and incorporated into state law, generally aligning it with federal tax laws enacted up to January 1, 2026, with specific exceptions and modifications to certain federal provisions. It also introduces a temporary exemption for income taxes on overtime and tips, which will expire, and places a $100 million annual cap on tax credits for qualified low-income buildings for tax years 2026 through 2028. Additionally, the bill temporarily suspends the collection of motor fuel excise taxes for 60 days from the Act's effective date.
Committee Categories
Budget and Finance
Sponsors (5)
Shaw Blackmon (R)*,
John Carson (R)*,
Trey Kelley (R)*,
Bruce Williamson (R)*,
Chuck Hufstetler (R),
Last Action
Act 375 (on 03/20/2026)
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/72875 |
| BillText | https://www.legis.ga.gov/api/legislation/document/20252026/246598 |
| Floor Amendment AM 44 0260 | https://www.legis.ga.gov/api/legislation/document/20252026/246377 |
| BillText | https://www.legis.ga.gov/api/legislation/document/20252026/245605 |
| BillText | https://www.legis.ga.gov/api/legislation/document/20252026/244285 |
| BillText | https://www.legis.ga.gov/api/legislation/document/20252026/243418 |
| BillText | https://www.legis.ga.gov/api/legislation/document/20252026/243348 |
| BillText | https://www.legis.ga.gov/api/legislation/document/20252026/241612 |
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