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GA HB1159

Bill

Status

Engrossed

3/4/2026

Primary Sponsor

Matthew Gambill

Click for details

Origin

House of Representatives

2025-2026 Regular Session

AI Summary

  • Exempts from Georgia state income tax all payments received under the USDA Farmer Bridge Assistance Program for which 2025 acres were reported by December 19, 2025

  • Exempts from Georgia state income tax all payments received under the USDA Assistance for Specialty Crop Farmers Program for which 2025 acres were reported by March 13, 2026

  • Applies to individuals, corporations (including S corporations), and partnerships for taxable years beginning on or after January 1, 2025

  • Exemption applies only to the extent such income is included in federal adjusted gross income or federal taxable income

  • Becomes effective upon approval by the Governor or upon becoming law without such approval

Legislative Description

Income tax; all income received by individuals, corporations, and partnerships under the Farmer Bridge Assistance Program; exempt from taxation

Last Action

Senate Read Second Time

3/16/2026

Committee Referrals

Finance3/6/2026
Ways and Means2/3/2026

Full Bill Text

No bill text available