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”

--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
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%