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GA SB187

Bill

Status

Introduced

2/18/2025

Primary Sponsor

Jason Esteves

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Origin

Senate

2025-2026 Regular Session

AI Summary

  • Increases the maximum Georgia state income tax credit for qualified caregiving expenses from $150 to $500

  • Credit amount cannot exceed the taxpayer's actual income tax liability

  • Unused tax credits cannot be carried forward to future tax years or applied to prior years' tax liability

  • Effective July 1, 2025, applying to all taxable years beginning on or after January 1, 2025

Legislative Description

State Income Tax; amount of tax credits available for qualified caregiving expenses; increase

Last Action

Senate Read and Referred

2/19/2025

Committee Referrals

Finance2/19/2025

Full Bill Text

No bill text available