KLS Keeping Law Simple Legislation in plain English

Straight-ahead summaries built from the official bill text. We keep the source links front and center and leave the decision up to you.

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HB1070 • 2025

Income tax; increase and extend a credit for expenditures on maintenance of railroad track owned or leased by Class III railroads

Income tax; increase and extend a credit for expenditures on maintenance of railroad track owned or leased by Class III railroads

Taxes
Vetoed

The latest official action shows the governor vetoed this bill. Check the bill history to see whether lawmakers later overrode that veto.

Sponsor
Hagan, Leesa
Last action
2026-05-12
Official status
House Date Vetoed by Governor
Effective date
Not listed

Plain English Breakdown

The official text provided is a corrupted PDF stream and cannot be read to confirm specific dollar amounts or dates.

HB1070: Increase and Extend Tax Credit for Class III Railroad Track Maintenance

This bill proposes to increase the amount of an income tax credit and extend its time period for costs related to maintaining railroad tracks owned or leased by Class III railroads.

What This Bill Does

  • Increases a specific state income tax credit.

Limits and Unknowns

  • The governor vetoed this bill on May 12, 2026.
  • It is not yet known if lawmakers will override the veto to make it law.

Bill History

  1. 2026-05-12 Georgia General Assembly

    House Date Vetoed by Governor

Official Summary Text

Income tax; increase and extend a credit for expenditures on maintenance of railroad track owned or leased by Class III railroads