HB 212

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 imposition, rate, computation, exemption, and credits for income taxes, so as to create a tax credit for the production of clean energy; to provide for the calculation of credit amounts; to provide for definitions; to provide for terms and conditions; to provide for transferability; to require the Environmental Protection Division to annually publish greenhouse gas emission rates for purposes of such tax credit; to provide for rules and regulations; to provide for a short title; to provide for related matters; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.