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GA HB985
Bill
Status
Introduced
2/11/2016
Primary Sponsor
Jay Powell
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AI Summary
- Amends the definition of "Corporation" in Georgia's income tax code (Code Section 48-7-1) to explicitly include all associations, professional associations organized under Chapter 10 of Title 14, and insurance companies
- Removes previous limiting language in the definition, broadening the scope of entities classified as corporations for state income tax purposes
- Sponsored by Representative Powell of the 171st district
- Effective immediately upon approval by the Governor or upon becoming law without such approval
Legislative Description
Income tax; change certain definitions
Last Action
House Second Readers
2/17/2016
Full Bill Text
No bill text available