Plain English Breakdown
The provided bill text excerpt is a raw PDF file stream containing unreadable binary data, so no specific details about the tax change could be verified beyond the summary title.
Change to Income Tax Deduction for Single-Family Rental Property Depreciation
This bill changes Georgia state income tax rules regarding the depreciation deduction for single-family residential rental properties.
What This Bill Does
- Revises a specific deduction related to depreciation for single-family residential rental property under state income tax laws.
Limits and Unknowns
- The official text does not explain the specific details of how the deduction is changed.
- The exact effective date when this law begins is listed as blank in the source material.