Georgia · 2025-2026 Regular Session · Bill
HB 8: Income tax credit; certain investments in qualified businesses; renew and revise
Introduced Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 8 is a bill introduced in the Georgia House on January 13, 2025. According to its official title, it concerns: Income tax credit; certain investments in qualified businesses; renew and revise. Primary sponsor: Dar'shun Kendrick (Democratic). Most recent recorded action (January 15, 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 renew and revise an income tax credit for certain investments in qualified businesses; to remove the requirement that the investment be made by a qualified investor; to provide for an aggregate cap; to allow such credit to be transferred; to provide a reporting requirement; to provide for definitions; to provide for sunset; to provide for an effective date and applicability; to provide for related matters; to repeal conflicting laws; and for other purposes.
Sponsors
Sponsors by party (alphabetical): Democratic 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Dar'shun Kendrick | Primary sponsor | Democratic | House | 95 |
“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