A Georgia Republican who has endorsed former President Donald Trump is concerned about the potential repeal of the Inflation Reduction Act, which has brought billions of dollars of clean energy investment to Georgia.
The Atlanta indie FILM scene has continued to grow, and certainly there are more opportunities for filmmakers trying to make it than there were a decade ago. But some local filmmakers still feel they are not taken as seriously or given the same consideration as their counterparts in Los Angeles or New York.
Some Georgia lawmakers are having second thoughts about limiting the value of the state's lucrative film tax credit. The Senate Finance Committee voted on Wednesday to rewrite parts of a bill aimed at creating limits.
The Georgia House of Representatives has passed a bill that would call a temporary halt to a sales tax exemption the state has been using since 2018 to attract huge high-tech data centers.
Georgia legislative leaders’ pledge to rein in some of the state’s generous tax breaks to industry is starting with the most expensive on the books: the film tax credit.
Top Georgia lawmakers say moviemakers should be required to do more than just show a peach at the end of the credits to get the top benefit from Georgia's lucrative film tax credit. Legislative leaders said they want companies to meet four of nine goals to receive the top 30% credit on Georgia income taxes.
The new benefits take a cue from a pandemic success story — when an expanded U.S. child tax credit briefly cut child poverty in half. Some states include immigrants and index credits to inflation.
Georgia low-income housing and historic rehabilitation tax credits are critical for the financial and social wellbeing of residents across the state, a series of witnesses testified at a legislative hearing Wednesday in Columbus.
Georgia's state government ended the 2022 budget year in June with $6.6 billion in surplus cash. Gov. Brian Kemp has plans to spend more than $3 billion through a combination of one-time tax givebacks.
New laws taking effect Sunday include reporting requirements for how health insurers pay for mental health care, new ways for parents to challenge materials used in schools and a tax credit for donating to police. Most Georgia laws take effect on July 1, but the General Assembly delayed some laws until Jan. 1.
