Staff Analysis of the Legislation
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This bill updates the job tax and investment tax credit system in Georgia. The bill creates a standard base job tax credit for job creation, changes current thresholds in the Quality Job Tax Credit, and establishes a sliding scale of investment credits for direct investment. While it does reduce significantly the impact of a county's "tier status," it still recognizes Tier 1 counties and "less developed areas" with additional credits. To learn more, click here. |