Legislative Tracker

HB 265: Income tax; credit for establishing or relocating quality jobs; revise provisions

Voted on Monday February 27, 2017

John Pezold's thoughts

This bill provides an income tax credit for “relocating quality jobs”

DETAILS:
--Must have $2.5 million investment to receive the tax credit
--7-year program for the job creator with a 50-job average (can have more than one of these)
--Tax free sales and use taxes for tangible property to renovate theaters in 501(c)3 facilities for art museum, music hall, or theater (sunsets 1/1/2019)
OR until aggregate state number is $750,00 in tax exempted products

I voted NO because the bill is broadly written and in Georgia, it is rare that we ever allow a tax credit to sunset.

More information on legis.ga.gov
Nay
John Pezold's Vote

Vote Totals

The table below breaks down the total number of votes, and marks the majority vote.

Voted Total % Majority Vote?
Yea 155 86.1% Majority Vote
Nay 4 2.2%
Did not vote 10 5.6%
Excused 11 6.1%