HB 671

Abstract

A BILL to be entitled an Act to amend Article 2 of Chapter 7 of Title 48 of the Official Code of Georgia Annotated, relating to the imposition, rate, and computation of income tax, so as to increase the value of a tax credit based on the federal tax credit for certain child and dependent care expenses to 100 percent of such federal tax credit; to provide that such tax credit shall be refundable to the taxpayer; to provide for related matters; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.