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Committee approves one-time tax-credit checks for 2024 filers; bill advances unanimously
Summary
HB 112 would provide a one-time state tax credit to 2023/2024 filers: $500 for joint filers, $375 for head-of-household filers and $250 for single filers. The Senate Finance Committee passed the bill by voice vote; sponsor said the measure is budgeted at about $1.1 billion.
Representative McDonald presented House Bill 112 to the Senate Finance Committee and described it as a one-time tax-credit payment targeted to filers of the 2023–2024 tax year. “It is a one-time…for those Georgians that your tax liability is, for joint filers, it'll be $500. For head-of-household filers, $375. And for individual filers, $250,” McDonald said,…
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