GA HB936

Clarifies that the wage threshold for existing jobs tax credits (Code Sections 48-7-40 and 48-7-40.1) applies to each individual new job created rather than the average wage of all new jobs collectively, ensuring each position independently meets the minimum wage requirement of the state's lowest-wage county

Creates a new income tax credit of $2,500 per qualified parolee hired into a full-time job (30+ hours/week) for at least 40 weeks during a 12-month period, available to employers registered with E-Verify for taxable years beginning January 1, 2017, through January 1, 2020

Caps the parolee hiring credit at $50,000 per employer per taxable year, limits the credit to once per individual parolee, and prohibits the credit from exceeding the employer's income tax liability, though unused credits may be carried forward for three subsequent years

Requires the commissioner to report annually by September 1 of 2018, 2019, and 2020 to the Senate Finance Committee and House Ways and Means Committee on the total number of employers claiming the parolee credit and the total value of credits earned and applied

Effective July 1, 2016, with the parolee hiring credit provisions applicable to taxable years beginning on or after January 1, 2017