Tax Credits. SB 6
by Sen. John Albers
(R-Albers) provides for independent economic analyses to be procured by the Office of Planning and Budget for certain tax benefits upon request by the chairpersons of the House Committee on Ways and Means and the Senate Finance Committee. Because the Bank Tax Credit is not well understood by many members, we track legislation like this should legislators choose to review that credit. Here’s a link to a White Paper
published by GBA’s Tax Advisory Committee about the credit. SB 6 has been assigned to the Senate Finance Committee.
Employment. SB 14
by Sen. Tonya Anderson
(D-Atlanta) will allow applicants for benefits to obtain their personnel files when their claims are contested by their former employers. The bill has been introduced but not yet assigned to a committee.
Property Transfer. HB 74
by Rep. Dale Washburn
(R-Macon) provides that it shall be unlawful for a person with intent to hinder, delay, impair, or defraud a creditor's rights to deed or otherwise transfer title to real property to another person without the knowledge or consent of such other person. The bill has been assigned to the House Judiciary Non-Civil Committee.
Forestry Torts. HB 90
by Rep. Bruce Williamson
(R-Monroe) provides that certain persons, firms, or corporations who are buyers of land for conversion of timber shall be exempt from certain liabilities and to limit damages for certain causes of action brought for conversion of timber. The bill has been introduced but not yet assigned to a committee.
Cannabis. HR 13
by Rep. Dar’shun Kendrick
(D-Lithonia) is a resolution urging the United States Congress to enact legislation removing cannabis from the federal Controlled Substances Act, exempting certain activities related to marijuana, facilitating the full spectrum of private banking services for cannabis related business and encouraging scientific research as related to cannabis products. The bill has been assigned to the House Judiciary Non-Civil Committee.