28-12-1. Review of economic analyses completed in the prior year.

Code 1981, § 28-12-1, enacted by Ga. L. 2022, p. 114, § 3-1/HB 1437; Ga. L. 2024, p. 186, § 4/SB 366, effective January 1, 2025.

The 2024 amendment, effective January 1, 2025, substituted the present provisions of this Code section for the former provisions, which read: “On or before May 1, 2023, the House Ways and Means Committee and the Senate Committee on Finance shall jointly undertake a thorough review of any and all state tax credits, deductions, and exemptions. No later than December 1, 2023, said committees shall submit a report of their findings and recommendations to the presiding officers of their respective chambers.”

Ga. L. 2022, p. 114, § 5-1(b)/HB 1437, not codified by the General Assembly, provides: provides: “Tax, penalty, and interest liabilities and refund eligibility for prior taxable years shall not be affected by the passage of this Act and shall continue to be governed by the provisions of Title 48 of the Official Code of Georgia Annotated as they existed for such prior taxable years.” Ga. L. 2024, p. 186, § 1/SB 366, not codified by the General Assembly, provides: “This Act shall be known and may be cited as the ‘Tax Expenditures Transparency Act of 2024.’”