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Georgia Senate Special Committee on Income Tax Elimination

Georgia Senate Special Committee on Income Tax Elimination

Legislative Study Committee

Appears in 1 story

Stories

Georgia's $16 billion tax gamble

Rule Changes

Completed recommendations, approved by 6-3 vote

A Georgia Senate committee voted 6-3 along party lines to eliminate the state's income tax by 2032, starting with exempting the first $50,000 for individuals and $100,000 for couples in January 2027. The move would immediately blow a $3 billion hole in the state budget mid-fiscal year, eventually eliminating a $16 billion revenue stream that funds schools, healthcare, and infrastructure.

Updated Jan 13