Twitter Code: Georgia House Bill 586 (2022) - FIC

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Laws

Georgia House Bill 586 (2022)

A BILL to be entitled an Act to amend Part 1 of Article 1 of Chapter 8 of Title 48 of the O.C.G.A. relating to general provisions regarding sales and use taxes so as to extend the sunset date for the exemption for projects of regional significance; to provide for related matters; to repeal conflicting laws; and for other purposes.

This bill would extend tax credits for qualified donations of real property that was previously slated to sunset in 2021. For the period of 2022 to 2026, the aggregate amount of tax credits allowed will not exceed $4 million per year.

Downloadable Documents
Authority Type
Legislative Updates
State
Georgia
Level of Government
State
Keywords
Conservation Tax Incentives
Citation
Georgia HB.586 (2022).

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