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Subcommittee hears governor-backed refund plan to return roughly $1 billion to Georgia taxpayers

2222215 · February 3, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

House Bill 112, presented as a governor priority, would provide refundable payments to eligible filers — $250 for single filers, $375 for heads of household and $500 for joint filers — and would be paid after filing 2023 or 2024 returns; committee treated the measure as a first hearing and discussed timing and eligibility.

The House sales and income tax panels heard House Bill 112 on behalf of Governor Brian Kemp, a measure to return about $1 billion to Georgia taxpayers through refundable payments. The proposal covers multiple tax years and is intended as direct relief to taxpayers who file returns for the covered years.

Under the bill as presented, eligible taxpayers who file…

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