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.

This legislation is part of the Governor's Competitive Initiative to make Georgia's tax incentives for new job creation more competitive with other states.  The bill expands eligibility and increases benefits for job creation.