HB 1182 — Income tax; low-income housing tax credits; revise
Senate Tabled
A BILL to be entitled an Act to amend Chapter 1 of Title 33 and Chapter 7 of Title 48 of the Official Code of Georgia Annotated, relating to general provisions regarding insurance and income taxes, respectively, so as to revise the low-income housing tax credits; to provide that such tax credits shall be termed the Georgia affordable housing tax credits; to reduce the amount of such credits for certain projects; to authorize such credits in an amount equal to the federal credit for certain projects; to provide for definitions; to provide for open records; to provide for related matters; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.
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