Georgia · 2025-2026 Regular Session · Bill
HB 151: Income tax; deduction for casualty losses of timber in an amount based on the diminution of value; provide
Introduced Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 151 is a bill introduced in the Georgia House on January 28, 2025. According to its official title, it concerns: Income tax; deduction for casualty losses of timber in an amount based on the diminution of value; provide. Primary sponsor: Martin Momtahan (Republican), Chas Cannon (Republican), Leesa Hagan (Republican), John Corbett (Republican), Angie O'Steen (Republican), Noel Williams (Republican). Most recent recorded action (January 30, 2025): House Second Readers.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
A BILL to be entitled an Act to amend Chapter 7 of Title 48 of the Official Code of Georgia Annotated, relating to income taxes, so as to provide for a deduction from Georgia taxable income for casualty losses of timber in an amount based on the diminution of value; to provide for conditions and limitations; to provide for an aggregate cap; to provide for related matters; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.
Sponsors
Sponsors by party (alphabetical): Republican 6
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Martin Momtahan | Primary sponsor | Republican | House | 17 |
| Chas Cannon | Primary sponsor | Republican | House | 172 |
| Leesa Hagan | Primary sponsor | Republican | House | 156 |
| John Corbett | Primary sponsor | Republican | House | 174 |
| Angie O'Steen | Primary sponsor | Republican | House | 169 |
| Noel Williams | Primary sponsor | Republican | House | 148 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- House Second Readers
- House First Readers
- House Hopper