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HB1001 • 2025

Income tax; reduce rate of tax

Income tax; reduce rate of tax

Taxes
Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Wade, Will
Last action
2026-03-31
Official status
Senate Tabled
Effective date
Not listed

Plain English Breakdown

The bill status shows it was tabled by the Senate on March 31, 2026, which may affect whether or when this law becomes active.

HB1001: Reducing the State Income Tax Rate

This bill changes Georgia law to lower the rate of income tax.

What This Bill Does

  • Amends Article 2 of Chapter 7 of Title 48 of the Official Code of Georgia Annotated regarding income taxes.
  • Reduces the rate of the state income tax.

Limits and Unknowns

  • The specific new tax rate is not listed in the provided text.
  • The exact date when this change takes effect is not stated in the source material.

Bill History

  1. 2026-03-31 Georgia General Assembly

    Senate Tabled

Official Summary Text

Income tax; reduce rate of tax