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Small business leaders praise HB 808, urge tax cuts and generator credits after storm damage
Summary
NFIB and local officials told the Small Business Development Committee that recent changes to the tangible personal property exemption, proposed income tax cuts and a generator tax credit would ease burdens on small businesses recovering from Hurricane Helene.
Small business owners and local officials told the Georgia House Small Business Development Committee that recent and proposed tax changes would help businesses recover from storm damage and ease operating costs.
Allison Couch, a Columbia County commissioner and NFIB leadership team member, thanked lawmakers for passage of House Bill 808, which she said increased the tangible personal property exemption from $7,500 to $20,000 following voter approval in November 2024. "This tax is very much loathed by small business…
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