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Panel narrows large-project tax credit; disqualifies credits tied to workers defined as 'illegal aliens'
Summary
Senate Bill 465 would bar the large-project tax credit for employers who hire workers the law classifies as 'illegal aliens,' retain program thresholds requiring at least 1,800 full-time jobs and $600 million investment, and was amended to add a sunset (07/01/2031) and to remove language allowing credits to offset withholding; amendments were adopted and the bill passed out of committee.
Senator Gooch told the Finance Committee that SB 465 would tighten eligibility for Georgia’s large-scale project job tax credit by disqualifying credits tied to employees the statute defines as "illegal aliens." He described the program’s minimum thresholds—typically 1,800 full-time permanent jobs and $600 million in investment—and said the credit is $5,250 per qualifying employee per year.
"So that's all the bill does. It just disqualifies that tax credit if they hire an…
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