Tax and Finance

Posts · · May 19, 2016

House Bill 937 extends the sunset provision on the sales and use tax credit

Julie Thorn, Lead Developer, Creative Mischief

Also sponsored by Representative Brett Harrell (R-Snellville), House Bill 937 extends the sunset provision on the sales and use tax credit for competitive projects of regional significance through 2019. This credit for projects of regional significance is an essential tool used by the Department of Economic Development in recruiting new industry to Georgia


Posts · · May 19, 2016

House Bill 936 provides clarity to an existing tax credit program

Julie Thorn, Lead Developer, Creative Mischief

Sponsored by Representative Brett Harrell (R-Snellville), House Bill 936 provides clarity to an existing tax credit program designed to entice job creation throughout the state. Also a priority for the Department of Economic Development, HB 936 provides that a “new full-time employee job” means a newly-created position requiring a minimum of 35 hours per week… Continue Reading


Posts · · May 19, 2016

House Bill 935, extending the inventory ad valorem tax exemption, passes

Julie Thorn, Lead Developer, Creative Mischief

Sponsored by Representative Brett Harrell (R-Snellville), House Bill 935 extends the inventory ad valorem tax exemption, also known as the Freeport exemption, to fulfillment centers. A priority for the Department of Economic Development, this legislation recognizes, and further promotes, the positive impact of internet commerce in Georgia.


Posts · · May 19, 2016

Annual IRS update bill was passed and signed into law

Julie Thorn, Lead Developer, Creative Mischief

The annual IRS update bill was passed and signed into law midway through the 2016 session. Sponsored by Rep. David Knight (R-Griffin), House Bill 742 ensures the continued stability and compliance of the Georgia Revenue Code that is vital to the operation of businesses of all sizes. Of particular note, HB 742 increases the Section… Continue Reading


Posts · · May 19, 2016

Quality Jobs Tax Credit, House Bill 922, Passed

Julie Thorn, Lead Developer, Creative Mischief

Inspired by discussions of the Tax & Finance Policy Committee, the Chamber introduced legislation to clarify the Quality Jobs Tax Credit. House Bill 922, sponsored by Rep. Bruce Williamson (R-Monroe), ensures that corporations creating more than 50 jobs in the state through disregarded entities are eligible to qualify for the Quality Jobs Tax Credit regardless… Continue Reading


Posts · · Apr 22, 2016

Annual IRS Update Bill Signed Into Law

Keisha Hines, Senior Vice President, External Affairs

The annual IRS update bill, which was signed into law midway through the session, ensures the continued stability and compliance of the Georgia Revenue Code that is vital to the operation of businesses of all sizes. The law incorporates the now permanent Section 179 of the IRS Code that allows small businesses to deduct up… Continue Reading


Posts · · Apr 22, 2016

Revision Proposed to Quality Jobs Tax Credit

Keisha Hines, Senior Vice President, External Affairs

This session, the policy committee proposed a revision to the definition of taxpayer with regards to the Quality Jobs Tax Credit. HB 922, sponsored by Rep. Bruce Williamson (R-Monroe) and awaiting the Governor’s signature, ensures that corporations creating more than 50 jobs in the state through disregarded entities are eligible to qualify for the Quality… Continue Reading


Legislative Priority · · Apr 1, 2016

Economic Development

The Georgia Chamber of Commerce seeks to maintain a harmonious balance in the relationship between employees and employers in our state. The Chamber works to ensure policies are created that benefit the employer-employee relations hip and allow business to be competitive with their workforce. The Georgia Chamber of Commerce recognizes the impact of global competition… Continue Reading