GA HB1683

Creates an enhanced retraining tax credit effective January 1, 2023, for employers in designated "less developed areas" (opportunity zones), equal to 75% of retraining costs or $2,500 per full-time employee (whichever is less), capped at $5,000 per employee per year — replacing the standard credit of 50% of costs or $500 per employee

Increases the childcare tax credit for employers located in less developed areas from 75% to 90% of the employer's net cost of providing or sponsoring child care for employees, effective January 1, 2023

Creates a new transportation tax credit for employers in less developed areas who transport employees to and from work in vehicles carrying at least four passengers for 80% of miles, calculated at $0.20 per passenger mile with a $1,000 per employee annual cap

Requires the Department of Revenue to develop and implement by January 15, 2024, a free state income tax return preparation and filing program for taxpayers with federal adjusted gross income below $69,000, covering all taxable years beginning on or after January 1, 2023

Applies to all taxable years beginning on or after January 1, 2023, and becomes effective upon the Governor's approval