Plain English Breakdown
The status shows the bill was passed by the legislature but also lists a final action of 'House Withdrawn, Recommitted,' which creates uncertainty about whether it became law.
HB330: Revising Income Tax Credits for Law Enforcement Foundations
This bill proposes to change the rules in Georgia law regarding income tax credits available for donations made to foundations that support law enforcement.
What This Bill Does
- Amends Article 2 of Chapter 7 of Title 48 of the Official Code of Georgia Annotated, which covers state income taxes.
Limits and Unknowns
- The official text provided does not explain exactly how the tax credit rules will change.
- No specific dollar amounts or calculation methods are listed in the available summary.
- An effective date is mentioned as a purpose of the bill, but no specific date is provided in the metadata.