GA: Kemp, GOP leaders promise new state income tax rebates

Source: Associated Press

“Georgia Gov. Brian Kemp and Republican legislative leaders want to issue another round of income tax rebates, thanks to state financial reserves that continue to rise. The leaders announced a proposal Tuesday to give refunds of up to $250 to single filers, up to $375 to single adults who head a household with dependents and refunds of up to $500 to married couples filing jointly. Georgia issued similar rebates in 2022 as Kemp ran for reelection, and again in 2023. The rebates cost [sic] about $1.1 billion then. Legislators must approve the plan next year, but passage is likely as Republicans are expected to maintain their majorities in the General Assembly. The announcement comes as Georgians continue to vote ahead of the Nov. 5 Election Day, and could be campaign fodder for a handful of Republican incumbents and challengers who are trying to win state House seats.” (10/22/24)

https://apnews.com/article/brian-kemp-georgia-income-tax-rebate-39d65e7c2156bc2a67d59c0d637ae930