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Senate approves one-time individual tax credit to send cash back to filers

2715853 · March 20, 2025
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Summary

The Senate passed HB 112, a one-time income tax credit providing $250–$500 per return for qualifying filers for tax years 2023 and 2024; the measure passed with broad support.

The Georgia Senate passed House Bill 112 on March 20, 2025, a one-time tax credit providing $250 for single filers, $375 for head-of-household filers, and $500 for married joint filers for taxpayers who filed returns in 2023 and 2024. Proponents described the measure as immediate relief for households; supporters noted it would put roughly $1.2 billion back into Georgians' hands.

Floor supporters framed HB 112 as direct, near-term relief distinct from the longer-term structural changes debated elsewhere. The committee substitute was adopted and the measure passed on a roll-call vote (52–0). Implementation will require the Department of Revenue to issue guidance for eligible filers and timing of credits.