summary
Introduced
02/06/2026
02/06/2026
In Committee
02/10/2026
02/10/2026
Crossed Over
02/12/2026
02/12/2026
Passed
Dead
Introduced Session
2025-2026 Regular Session
Bill Summary
AN ACT To amend Article 2 of Chapter 7 of Title 48 of the Official Code of Georgia Annotated, relating to the imposition, rate, computation, exemptions, and credits relative to income taxes, so as to reduce the personal income tax rate; to revise 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 for related matters; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.
AI Summary
This bill, titled "Income Taxes; personal income tax rate; reduce," proposes significant changes to Georgia's income tax structure, aiming to lower tax burdens for individuals and businesses. Key provisions include a phased reduction of the personal income tax rate, ultimately lowering it to 3.99% for taxable years beginning on or after January 1, 2028, with specific rates set for 2026 (4.99%) and 2027 (4.49%); however, these reductions can be delayed by one year if certain revenue or reserve conditions are not met, such as the Governor's revenue estimate not being at least 1% above the previous year's estimate, or if the Revenue Shortfall Reserve doesn't hold sufficient funds to cover projected revenue decreases. The bill also reduces the corporate and partnership income tax rates to a flat 4.99%, and increases the standard deduction for individuals, raising it to $32,000 for married couples filing jointly and $16,000 for single filers, heads of household, or married individuals filing separately. These changes are set to take effect for taxable years beginning on or after January 1, 2026.
Committee Categories
Budget and Finance
Sponsors (30)
Jason Anavitarte (R)*,
Lee Anderson (R)*,
Timothy Bearden (R)*,
Matt Brass (R)*,
Max Burns (R)*,
Bill Cowsert (R)*,
Jason T. Dickerson (R)*,
Clint Dixon (R)*,
Greg Dolezal (R)*,
Drew Echols (R)*,
Frank Ginn (R)*,
Steve Gooch (R)*,
Russ Goodman (R)*,
Marty Harbin (R)*,
Bo Hatchett (R)*,
Billy Hickman (R)*,
Mike Hodges (R)*,
Chuck Hufstetler (R)*,
Kay Kirkpatrick (R)*,
Chuck Payne (R)*,
Randy Robertson (R)*,
Ed Setzler (R)*,
Shawn Still (R)*,
Brian Strickland (R)*,
Carden Summers (R)*,
Blake Tillery (R)*,
Larry Walker (R)*,
Ben Watson (R)*,
Sam Watson (R)*,
Rick Williams (R)*,
Last Action
House Second Readers (on 02/18/2026)
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/72976 |
| BillText | https://www.legis.ga.gov/api/legislation/document/20252026/242675 |
| BillText | https://www.legis.ga.gov/api/legislation/document/20252026/241880 |
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