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GA SB378
Bill
Status
Engrossed
2/13/2018
Primary Sponsor
John Albers
Click for details
AI Summary
- Requires the state auditor to complete an economic analysis before any tax bill—legislation creating, modifying, or extending tax incentives—can be adopted by the House or Senate
- Economic analysis must include good faith estimates, on both a direct and indirect basis over 10 years, of net changes in state revenue, state expenditures (including administration costs), economic activity, and public benefit
- State auditor must determine within 10 days whether a proposed bill qualifies as a tax bill and must complete the full economic analysis within 30 days of receiving the bill
- Tax bills may only be introduced in the House of Representatives and must bear an LC number and have the economic analysis summary attached to all printed copies
- If an amendment or substitute is certified by the state auditor as a fiscal amendment and was adopted without a revised economic analysis attached, the bill's legislative progress ends and, if already passed, stands repealed in its entirety upon enactment
Legislative Description
"Georgia Measuring Success Act"
Last Action
House Second Readers
2/15/2018
Committee Referrals
Ways and Means2/14/2018
Finance2/1/2018
Full Bill Text
No bill text available