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Subcommittee advances bill to raise education tax-credit cap to $25 million

Ways & Means subcommittee on Income Tax · February 19, 2026
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

The Ways & Means (Income Tax) subcommittee voted to pass HB 565, which would raise the annual cap on a public-school tax-credit program from $15 million to $25 million and preserve per-filer ceilings; proponents said the change is needed after demand nearly exhausted the current cap.

Representative Townsend presented HB 565 to the subcommittee, saying the program — administered through the Georgia Foundation for Public Education — supports innovative projects in public schools and that "right now, we're doing it at a $15,000,000 clip per year" but supporters want to "increase that to 25,000,000." Townsend said the existing…

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