HB 210 — Income tax; exclude capital gain on certain property conversion
House Lost Reconsidered Bill/Resolution
A BILL to be entitled an Act to amend Chapter 7 of Title 48 of the Official Code of Georgia Annotated, relating to income taxes, so as to provide that Georgia taxable net income of any taxpayer shall not include income which is attributable directly to a capital gain resulting from certain involuntary conversions of real property because of condemnation or eminent domain; to provide an effective date; to provide for applicability; to repeal conflicting laws; and for other purposes.
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