Plain English Breakdown
The provided bill text excerpt is corrupted (binary PDF data) and unreadable, so specific dollar amounts and detailed provisions could not be verified.
HB376: Increase Tax Credits for Rehabilitating Certified Structures
This bill proposed to increase the amount of state income tax credits available for rehabilitating certified structures, but it was vetoed by the governor.
What This Bill Does
- Amends Georgia law regarding state income tax rates and credits.
- Increases the dollar limit on tax credits for fixing up certified buildings.
Who It Names or Affects
- Property owners who rehabilitate structures designated as 'certified'.
Limits and Unknowns
- The bill was vetoed by the governor, so it did not become law at that time.
- It is unknown if lawmakers later voted to override the governor's veto and pass the bill anyway.