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GA HB101
Bill
Status
Engrossed
3/6/2023
Primary Sponsor
Clint Crowe
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AI Summary
- Expands the definition of "rural hospital organization" eligible for tax credit contributions to include rural freestanding emergency departments, and changes the facility requirement from having a "primary campus" to "providing inpatient hospital services at a facility" in a rural county
- Increases the annual aggregate cap on rural hospital organization tax credits from $75 million to $80 million, raises the contribution limit for pass-through entity members (LLC, S-corp, partnership) from $10,000 to $25,000, and extends the program's sunset date from December 31, 2024, to December 31, 2029
- Doubles the annual aggregate cap on tax credits for qualified education donations to public schools from $5 million to $10 million and adds a sunset date of December 31, 2029
- Allows county governing authorities to approve an additional 12-year extension of preferential ad valorem tax assessment for income-producing rehabilitated historic and landmark historic properties beyond the initial 9-year period
- Suspends the issuance of new sales and use tax exemption certificates for high-technology data center equipment from July 1, 2024, through June 30, 2026, with an exception for data center customers contracting with facilities that have already applied for exemption certificates
Legislative Description
Income tax; change certain definitions
Last Action
Senate Tabled
3/26/2024
Committee Referrals
Finance3/7/2023
Ways and Means1/31/2023
Full Bill Text
No bill text available