Loading chat...

GA HB985

Bill

Status

Introduced

2/11/2016

Primary Sponsor

Jay Powell

Click for details

Origin

House of Representatives

2015-2016 Regular Session

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