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Comité Ways & Means de la Cámara de Representantes

Comité Ways & Means de la Cámara de Representantes, 11 de febrero de 2026

2025-2026 Regular Session · 406 CLOB · 35 min

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Resumen

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El comité aprobó HB 1001 para acelerar una reducción de la tasa del impuesto sobre la renta y HB 880 para establecer más reducciones graduales de impuestos y deducciones más altas, con una enmienda que vincula las reducciones de tasas de este último proyecto de ley a condiciones financieras. Los miembros también aprobaron un crédito tributario por contratación, alivio tributario para los servicios de bomberos independientes, una prórroga de la exención del impuesto sobre las entradas a eventos artísticos, una propuesta de enmienda constitucional sobre los impuestos a la madera y una actualización parcial para armonizar la legislación tributaria de Georgia con los cambios federales. Los miembros preguntaron por qué los beneficios tributarios federales para las propinas y las horas extra quedaron excluidos de HB 1199, que fue aprobado. El comité también realizó una votación a viva voz sobre HB 1070, relativo a los créditos por mantenimiento ferroviario, pero la presidencia no anunció explícitamente el resultado.

Proyectos de ley tratados (8)

Cada relato abarca el tramo de la reunión que indica. El número del proyecto de ley se dice en ese tramo, salvo cuando era el único proyecto en la agenda de un comité.

HB 519. Revenue and taxation; amount of federal work opportunity credit claimed by a taxpayer shall also be allowed as a tax credit; provide

Desde 0:09:13 · turnos 7 a 29

El patrocinador dijo que HB 519 otorgaría a los empleadores un crédito tributario de $500, sujeto a un límite de $10 million, por contratar a personas que enfrentan barreras para conseguir empleo. El patrocinador describió 10 grupos elegibles, entre ellos veteranos con discapacidades, personas con antecedentes por delitos graves y personas que reciben asistencia del gobierno, y dijo que el incentivo ayudaría a las personas a incorporarse a la fuerza laboral. Un miembro del comité preguntó si la elegibilidad se limitaba a los veteranos. El patrocinador dijo que no y aclaró que el crédito corresponde a los empleadores, no a los empleados. El miembro apoyó el proyecto de ley, aunque planteó preocupaciones más amplias sobre las verificaciones de antecedentes penales que impiden a las personas encontrar trabajo. El comité aprobó el proyecto de ley mediante votación a viva voz.

HB 964. Revenue and taxation; state and local title ad valorem tax fee; exempt certain motor vehicles used in fire protection services for local governments

Desde 0:11:40 · turnos 30 a 37

El patrocinador dijo que HB 964 eliminaría los impuestos ad valorem sobre vehículos y los impuestos sobre las ventas de equipos para los contratistas independientes de servicios de bomberos, comúnmente llamados departamentos de bomberos voluntarios. El patrocinador dijo que esto les daría el mismo trato que a los departamentos de bomberos de los gobiernos locales, porque ambos cumplen la misma misión de seguridad pública. No hubo preguntas. El comité aprobó el proyecto de ley mediante votación a viva voz y lo envió al Comité de Reglas.

HB 1070. Income tax; increase and extend a credit for expenditures on maintenance of railroad track owned or leased by Class III railroads

Desde 0:12:34 · turnos 38 a 48

El patrocinador dijo que HB 1070 aumentaría el límite del crédito tributario por mantenimiento de vías de ferrocarriles de línea corta de $3,500 a $5,000 por milla de vía mantenida y prorrogaría su vencimiento por cinco años. El patrocinador dijo que el crédito se estableció en 2018 a través del Rural Development Council y no se había actualizado desde entonces. Ningún miembro hizo preguntas. El comité realizó una votación a viva voz, pero la presidencia pasó al siguiente asunto sin anunciar explícitamente el resultado.

HB 1077. Sales and use tax; exemption for sales of tickets, fees, and charges of admission to certain museums and fine arts performances or exhibitions at nonprofit facilities; extend sunset date

Desde 0:13:38 · turnos 49 a 54

El patrocinador dijo que HB 1077 prorrogaría hasta el 31 de diciembre de 2032 la exención del impuesto sobre las ventas para las entradas a espectáculos y exposiciones de bellas artes y los cargos relacionados. El patrocinador dijo que la exención se aplica únicamente a organizaciones 501(c)(3) y ayuda a mantener las entradas a precios asequibles. El comité aprobó el proyecto de ley mediante votación a viva voz, sin preguntas ni más debate.

HR 1000. Revenue and taxation; eliminate ad valorem tax assessment of certain timber at sale or harvest - CA

Desde 0:14:36 · turnos 56 a 67

El patrocinador describió HR 1000 como una propuesta de enmienda constitucional que eliminaría los impuestos a la madera en terrenos sujetos a ciertos acuerdos de conservación y de trato tributario preferencial. El patrocinador citó los cierres de fábricas de papel y aserraderos y los daños persistentes del huracán Helene como motivos para la medida. El patrocinador dijo que la nota fiscal estimaba un impacto de $10 million a $12.7 million e informó que no tenía conocimiento de ninguna oposición. El comité aprobó la resolución mediante votación a viva voz, sin preguntas.

HB 1001. Income tax; reduce rate of tax

Desde 0:15:56 · turnos 69 a 110

El patrocinador dijo que HB 1001 reduciría la tasa del impuesto sobre la renta al 4.99% en 2026, tres años antes de lo previsto. Ante la pregunta de si el estado había cumplido las condiciones financieras exigidas anteriormente para reducir las tasas, el patrocinador y un representante de la oficina del gobernador dijeron que se habían cumplido algunas condiciones, pero otras no. El representante dijo que la inflación dificultaba cumplir un requisito de comparación de ingresos y sostuvo que una presupuestación conservadora justificaba seguir adelante. Otro miembro preguntó si el estado había cubierto sus gastos después de acelerar la reducción del año anterior pese a no haberse cumplido las condiciones, y el patrocinador respondió que sí. Otro miembro citó aproximadamente $9.5 billion devueltos a los contribuyentes y reservas suficientes. El patrocinador situó el monto en $9.7 billion y coincidió en que las reservas eran adecuadas. El comité aprobó el proyecto de ley y registró tres votos en contra. No se indicó el total de votos.

HB 880. Income tax; reduce tax rate that may be reached under certain conditions

Desde 0:20:33 · turnos 112 a 163

El patrocinador dijo que el texto sustitutivo de HB 880 restablecería las condiciones financieras para las reducciones graduales de impuestos, reduciría la tasa del impuesto sobre la renta al 3.99%, aumentaría la deducción estándar a $15,000 y la deducción por dependientes a $5,000, e incrementaría la exención para las personas de 65 años o más de $65,000 a $70,000. El patrocinador también describió un límite de reservas del 20% de los ingresos netos del año anterior y la autorización para usar el superávit no asignado para brindar alivio a los contribuyentes autorizado por la legislatura. Un miembro se opuso al proyecto de ley y dijo que reduciría los ingresos en aproximadamente $4 billion y beneficiaría principalmente a quienes tienen mayores ingresos. El patrocinador respondió que todos los contribuyentes recibirían una reducción y que las condiciones financieras protegerían los ingresos. Otro miembro propuso una deducción estándar inmediata de $50,000; el patrocinador dijo que eso quedaba fuera del proyecto de ley. Un miembro presentó una enmienda que vinculaba las reducciones de tasas al proceso que rige los aumentos de las deducciones y dijo que preservaría las condiciones financieras y evitaría un conflicto con HB 1001. La asesoría jurídica legislativa confirmó esa intención. El comité adoptó la enmienda y aprobó el texto sustitutivo enmendado tras una votación a mano alzada. Se expresó oposición, pero no se anunció un recuento.

HB 1199. Revenue and taxation; Internal Revenue Code and Internal Revenue Code of 1986; revise terms and incorporate certain provisions of federal law into Georgia law

Desde 0:28:40 · turnos 169 a 217

El patrocinador describió HB 1199 como la actualización anual que armoniza partes de la legislación tributaria de Georgia con la legislación federal. El patrocinador dijo que la adopción plena de los cambios federales recientes supondría una pérdida demasiado grande de ingresos, por lo que el proyecto de ley solo adopta parcialmente las disposiciones empresariales y personales, incluido un tratamiento parcial de ciertas deducciones empresariales. Los miembros preguntaron si las horas extra y las propinas seguirían sujetas a impuestos en Georgia. El patrocinador confirmó que sí y dijo que las exenciones requerirían legislación separada que abordara los límites monetarios y los períodos de tiempo. El patrocinador también señaló que la deducción federal de los intereses de préstamos para automóviles quedaba excluida y sostuvo que adoptar estas disposiciones limitaría reducciones de impuestos más amplias. Un miembro que emplea a trabajadores que reciben propinas sostuvo que eximir las propinas favorecería a esos trabajadores frente al resto del personal de los restaurantes. Otro miembro confirmó que el proyecto de ley no adopta plenamente los cambios federales; el patrocinador señaló que Georgia también había rechazado una armonización plena con los cambios tributarios federales de 2018. El comité aprobó el proyecto de ley tras una votación a mano alzada. Se expresó oposición, pero no se anunció un recuento de votos.

Transcripción

218 turnos. Seleccione un tiempo para reproducir ese momento del video.

  1. 0:07:23

    Good morning, everybody. I know we've, uh, we're a couple of minutes past. I know we'll have some people trickling in. We're not quite at full, um, I don't think we have the full committee here just yet, but it appears we have a quorum. So we'll go ahead and call the Ways and Means Committee meeting to order. And, uh, Chair Lady Camp, uh, is gonna open us up in a word of prayer if you would, please, ma'am.

  2. 0:07:45

    All right. Thank you. Please bow with me. Dear Heavenly Father, we are thankful to be here this morning doing the people's business. Please bless us to be prudent and to use wise judgment in all we do. We are thankful for the many blessings we've been given and the opportunity to represent the good people of Georgia. And please bless all of us all day long with safety and health, and we ask these things in the name of Jesus Christ. Amen.

  3. 0:08:06

    Thank you very much. And, um, the chair's gonna take a, a brief moment of personal privilege. Uh, we, uh, have, uh, uh, a blessing this morning to, uh, have in attendance, I think one of the finest, uh, county commission chairs in, in all the state, and one of the finest run counties in the state, uh, Chairman Dan Perdue, a very dear friend from Houston County. If you wouldn't mind just standing up and letting us see you for, for just a minute.

  4. 0:08:36

    And his, uh, lovely wife, Jessica, and, and their wonderful daughter, Eleanor. Is that right? With them today and, uh, they are ... She's paging in the Senate.

  5. 0:08:48

    What?

  6. 0:08:49

    No. We, uh, we've, we've already had that conversation, so, uh, anyway. We'll welcome her back next time, uh, on, on, on the right side of the building. That's-

  7. 0:09:02

    You were getting friendly. I don't know who's who.

  8. 0:09:07

    If, um ... Let's see. We may skip around a little bit today, but Chairman Stephens, are you ready with HB 519?

  9. 0:09:14

    Sure.

  10. 0:09:14

    All right. The floor is yours, sir.

  11. 0:09:16

    Um, thank you, Mr. Chairman. Um, this is the Work Opportunity Tax Credit to give folks the opportunity to, uh, get that American dream, um, and also help them get a home. Uh, that's another bill, not this one. But, um, need to get these folks that are basically unemployable, these folks that have, um, are veterans that might, um, uh, have had some issues, um, even felons, to give the employer a $500 tax credit up to a $10 million cap to, um, to hire these unemployable people, basically get them off welfare and get them the beauty and the satisfaction of a job.

  12. 0:09:55

    I don't see any questions. Okay. Chairman Parsons.

  13. 0:10:00

    I do have a question about it. Um, I mean, I think it's a good, you know, good bill. I mean, a good, good thing that you're doing here. But as far as ... Did you say felons?

  14. 0:10:09

    There could... There's a list of 10 folks that are, um, everybody from disabled veterans to e- you know, ex-felons have a problem with, um, finding a job, as you might imagine.

  15. 0:10:20

    Yes, they do.

  16. 0:10:21

    This gives an employer an incentive to hire those and take a chance.

  17. 0:10:25

    Now, but you're talk- but only if they're a veteran?

  18. 0:10:27

    No, no. There's a list of folks that are, that are on TANF, that are, that are already on government assistance out of your wallet and mine-

  19. 0:10:35

    Okay

  20. 0:10:35

    ... that need to have the opportunity to get into the workforce. So this gives the incentive to the employer, not the employee.

  21. 0:10:41

    Okay. Well, I mean, it's a good, I think it's a good thing and a good bill. The only thing, that is an issue, and, uh, the whole thing about people not being able to get a job because of a back- a criminal background check.

  22. 0:10:50

    Yes, sir.

  23. 0:10:51

    And, uh, you know, I'm not sure about the list that you have. I mean, it, it needs to be looked at, the whole, the whole thing. These people who come back with a criminal background check and they can't get a job, and they're, they're never gonna be able to do better. I mean, I won't say that the, the- never an incentive for them to do anything bad, but I mean, it makes it, there's not much incentive to do, to do good if they can't even get a job. But I mean, it's a good bill, but, uh, it is an issue that I'm, I'm familiar with with some people I've helped. And thank you.

  24. 0:11:19

    Yes, sir.

  25. 0:11:22

    I don't see any other questions. Do we have a motion?

  26. 0:11:27

    Second.

  27. 0:11:28

    And a second. Any further discussion? Hearing none, all those in favor please signify by stating aye.

  28. 0:11:32

    Aye.

  29. 0:11:33

    Those opposed, like sign. All right. Bill passes.

  30. 0:11:36

    Thank you.

  31. 0:11:36

    Let's move on to rules. Gonna move down to HB 964. Uh, Representative Cannon.

  32. 0:11:43

    Thank you, Mr. Chairman. Uh, just for the benefit of the committee, bill basically treats, um, what our independent contractor fire service, um, typically call volunteer fire departments, treats them the same as organic fire departments through local governments by removing the ad valorem tax on vehicles and sales tax on equipment. Because both organizations are involved in public safety, have the same mission, but one is taxed and one is not, but, uh, this treats them about the same. That's it, Mr. Chairman, if there are any questions.

  33. 0:12:15

    I don't see any questions. It's a pleasure to the committee.

  34. 0:12:18

    Thank you.

  35. 0:12:19

    I have a motion and a second. Any further discussion? Hearing none, all in favor, please signify by stating aye.

  36. 0:12:23

    Aye.

  37. 0:12:24

    Those opposed, like sign. Bill moves on to rules.

  38. 0:12:27

    Thank you, Mr. Chairman.

  39. 0:12:27

    Congratulations. All right. Let's see. I'm gonna move down to HB 1070. Is that, uh, Chair Lady Hagan?

  40. 0:12:45

    Thank you, Mr. Chairman.

  41. 0:12:46

    Yes, ma'am.

  42. 0:12:47

    Um, 1070, it, this is the Georgia Short Line Railroad Track Maintenance Tax Credit. It was established in 2018, uh, by the Rural Development Council. It hasn't been updated since then. So this bill would increase the, the credit cap per track mile that is maintained from 3,500 to 5,000 per mile, and it extends the sunset five more years. That is it.

  43. 0:13:17

    Any questions for the author? Seeing none, what's the will of the committee? I heard a motion.

  44. 0:13:23

    Second.

  45. 0:13:24

    And there's a second. Any further discussion? Hearing none, all those in favor, please signify by stating, "Aye."

  46. 0:13:30

    Aye.

  47. 0:13:30

    Those opposed, like sign. All right, thank you, Madam-

  48. 0:13:32

    Thank you

  49. 0:13:33

    ... Chair.

  50. 0:13:36

    Let's see here. HB1077 is, uh, Chairman Williams.

  51. 0:13:45

    Thank you, Mr. Chairman. This is, um, extending the sunset, um, tax exemption for tickets and related fees for fine arts performance or exhibitions. Um, it extends it to December 31st of 2032. Um, sales tax exemption, um, keep ticket prices low, make arts more affordable, and this is only for the 501[c][3]s.

  52. 0:14:09

    Move to second.

  53. 0:14:10

    Okay, so we have a motion and a second. Any further discussion? Hearing none, all in favor, please signify by stating, "Aye."

  54. 0:14:17

    Aye.

  55. 0:14:18

    Those opposed, like sign. All right, bill passes. Thank you, Chairman Williams.

  56. 0:14:27

    Let's see. I think Chairman Carson was stuck in traffic. We'll see if we can push his, um...

  57. 0:14:34

    Leader Efstration, are you ready with HR1000, sir?

  58. 0:14:37

    Yes, Mr. Chair.

  59. 0:14:38

    What number are you? I'm sorry.

  60. 0:14:41

    Eight.

  61. 0:14:42

    Eight.

  62. 0:14:42

    Okay. The floor is yours, sir.

  63. 0:14:45

    Thank you, Mr. Chairman. Building on the good work that Chairman Noel Williams, uh, started a few years ago, I bring House Resolution 1000. It's a constitutional amendment to eliminate timber tax in circumstances of, uh, conservation use. So this would be, uh, CUVA, FLPA, or the other, uh, preferential covenant. Um, the, uh, bill has no opposition that I'm aware of. It's very critical that we do in light of the closure of, uh, paper mills and sawmills across the state, as well as timber farmers still reeling from the aftermath of Hurricane Helene.

  64. 0:15:21

    The, uh, fiscal note, um, estimates the impact is between 10 million and 12.7 million, and I'm not aware of any opposition to the bill. Would ask for the committee's favorable consideration.

  65. 0:15:35

    Move.

  66. 0:15:36

    I don't see any question. Okay. Several motions and a second. Uh, is there any further discussion? Hearing none, all those in favor, please signify by stating, "Aye."

  67. 0:15:44

    Aye.

  68. 0:15:45

    Those opposed, like sign. All right, bill passes, or resolution passes, sir. Thank you, Mr. Leader. Um, Leader Wade.

  69. 0:15:54

    Yes.

  70. 0:15:54

    You ready for 1001?

  71. 0:15:58

    Yes, sir. I have, uh, Calvin of the governor's office if you want me to just in case there's questions.

  72. 0:16:02

    Yes, of course.

  73. 0:16:09

    Chairman, good morning. Committee members, thank you.

  74. 0:16:12

    Good morning.

  75. 0:16:12

    I bring to you guys House Bill 1001. Uh, this is LC590226EC. Uh, this is a continuation of what has passed, uh, the largest tax cut in Georgia's history. We are asking to now increase or lower the rate three years ahead of time down to 4.99%, which originally was supposed to be, um, by 2029, and this would bring this down in 2026.

  76. 0:16:47

    Um, I believe we did have a good conversation about the details. I'm happy to go over the bill with line items if we need. It's pretty self-explanatory. Um, but, uh, at the chairman's, uh, pleasure, I'm happy to answer any questions, unless you want me to go through the lines. Very, very minor changes, um, to the, um, the, to the legislation. So happy to answer any questions.

  77. 0:17:11

    Any questions for the author? 23.

  78. 0:17:16

    Mr. Chairman, we have accelerated this above the original term by how much?

  79. 0:17:22

    Three years.

  80. 0:17:23

    Three years. Thank you.

  81. 0:17:24

    Yes, sir.

  82. 0:17:27

    It's 18. Is that, uh, Representative Frye?

  83. 0:17:31

    I'll waive.

  84. 0:17:33

    Representative Frye waives. Uh, Chairman Prince?

  85. 0:17:36

    Uh, thank you, Mr. Chairman. Uh, as he mentioned, uh, we've accelerated this. Have we met any triggers to help accelerate this that we had earlier, or they've been removed?

  86. 0:17:46

    So I'll let Calvin kind of go through that. But ul- ultimately-

  87. 0:17:50

    We have

  88. 0:17:50

    ... um, some triggers, yes, some triggers, no. But based on just the overall will of the, the body and the budgeting process that we've done in Georgia, it's still in a position where we can continue to do this even though some triggers weren't made-

  89. 0:18:03

    Do you want to read

  90. 0:18:04

    ... coming off of the highest inflation that we've seen in many years. But if you have a specific trigger you want to ask for, I'll let him respond.

  91. 0:18:11

    Yeah, I'll, I'll just echo what, uh, Representative Wade said. Um, we, we've met some of the triggers, haven't met all of them. But, um, for example, the, uh, if the revenue collection for the previous three fiscal years, um, has to be higher than, than this year's, with the inflation that we've seen, that inflates the revenue collections. And so until we get back to a more flat period of inflation, it's, it's difficult to meet that trigger. But with the con- conservative budgeting of the legislature, um, and with the governor, uh, we feel like it is, it's still a good policy position to move forward with this.

  92. 0:18:43

    He's waving. Thank you.

  93. 0:18:47

    All right, uh, Vice Chairman Hong.

  94. 0:18:51

    Thank you, Mr. Chair. I know we accelerated, um, last year as well, and, um, without meeting the triggers. And, uh, were we able to meet all of our state expenses despite the fact that we didn't meet the triggers and still accelerated last year?

  95. 0:19:08

    The gentlelady knows of what she speaks.

  96. 0:19:09

    Thank you.

  97. 0:19:14

    Chairman Williamson.

  98. 0:19:15

    Uh, thank you, Mr. Chairman. Uh, and, and for Leader Wade, is it not true that, i- in addition to the fact that the, through this General Assembly and the governor's leadership, we've returned almost nine point, $9.5 billion back to the taxpayer's pocket, uh, over the last, uh, several years. Is that not true?

  99. 0:19:31

    That is true. I believe it's 9.7.

  100. 0:19:33

    And, and, and, and yet even with that, we still have, uh- massive excess reserves to, to adequately will be able to fund this, uh, tax refund. Is that not true?

  101. 0:19:43

    That is true. Thank you. Um, I believe the state economist, uh, has used the term structural surplus, and I think that's one of the things that we've, you know... All right. Budgeted wisely, sir. I don't see any further questions, so will the committee.

  102. 0:20:00

    I guess so.

  103. 0:20:00

    I have a motion to pass and a second. Any further discussion? Hearing none, all those in favor, please signify by stating, "Aye."

  104. 0:20:06

    Aye.

  105. 0:20:07

    Those opposed, like sign.

  106. 0:20:09

    Aye.

  107. 0:20:10

    All right, we have-

  108. 0:20:11

    Two

  109. 0:20:11

    ... two nos. All right.

  110. 0:20:13

    Three.

  111. 0:20:14

    Three nos. All right, thank you. We'll record that. Thank you. Thank you very much. Thanks, leader. Appreciate it. All right, uh, I'm gonna turn the meeting

  112. 0:20:26

    to Vice Chairman Kelly.

  113. 0:20:30

    You're 21 here. I'll present 880. I think we have an amendment to be offered as well.

  114. 0:20:40

    Thank you, Mr. Chairman. I'll recognize Chairman Shaw Blackmon to present substitute to House Bill 880.

  115. 0:20:50

    Turn my own mic on. Thank you, uh, thank you, Representative Kelly. I, I appreciate that. Um, the, the only real substantive change, and just to go through the provisions of the bill, it, it does, uh, reinstate the triggers and takes, uh, the rate over time, uh, down to 399, raises the standard deduction up to 15,000, and the dependent deduction up to 5,000, uh, all in increments o- of a 10th.

  116. 0:21:22

    Um, and then of course, we increase the senior exemption from 65,000 to 70,000 at the age of 65. And you'll see some changes requested by, um, the, uh, our, our friends in appropriations, the, uh, revenue shortfall reserve that moves to, to 20% of the previous fiscal year's, uh, net revenue, and that any amount of undesignated surplus may be used for taxpayer relief, um, pursuant to Acts of the General Assembly.

  117. 0:21:57

    So, uh, some technical changes and some requests that we accommodated there. Um, be happy to answer any questions.

  118. 0:22:05

    Thank you.

  119. 0:22:05

    Mr. Chairman.

  120. 0:22:06

    Thank you, Mr. Chairman. I know you've worked hard on this to provide substantial income tax relief in a responsible manner to Georgia taxpayers. Uh, do we have any questions for Chairman Blackmon?

  121. 0:22:21

    All right. Doesn't look like you have any, have any questions. Uh, now the bill is before the committee. What's the posture of the committee? Move to pass. We have a motion to pass.

  122. 0:22:32

    We, we do have a question here, um, and-

  123. 0:22:35

    A late question

  124. 0:22:35

    ... uh.

  125. 0:22:36

    I'm sorry, Mr. Chairman.

  126. 0:22:40

    Representative Frye is recognized for a question.

  127. 0:22:43

    Thank you. Uh, Mr. Chair, while I appreciate us allowing the opportunity for Georgians to keep their tax dollars, I, I do appreciate that, I feel like this bill, um, takes about $4 billion out of our revenue, where the majority of it is gonna go to the top 70% earners. And that this type of, uh, legislation, without a couple little tweaks, gives most of the tax refund back to the wealthiest in the state. And, um, so that's why I'll be against this bill.

  128. 0:23:17

    Thank you, sir.

  129. 0:23:18

    Was there a question in there, Representative?

  130. 0:23:20

    Isn't it, isn't it true?

  131. 0:23:22

    Well, thank you.

  132. 0:23:22

    Thank you.

  133. 0:23:24

    Uh, uh, thank you, Representative, for the question. If, if I may, Mr. Chairman, I just-

  134. 0:23:30

    Of course

  135. 0:23:31

    ... just, uh, recognize that, um, every, uh, taxpayer in the state will receive a cut, um, under this proposal, not only in the rate but in the standard deduction. And if they have any dependents, they would also receive a, a, an additional cut there. Um, additionally, we do some work for our seniors, and, uh, then we, um, we, we put some responsibility, I guess, in, back into the, um, into the savings that we have so that we can, we can utilize those if for, for some reason the, the, the, the economics are moved from one year to the next.

  136. 0:24:08

    But the triggers are in place to, to protect our budgeting and to protect our revenue.

  137. 0:24:14

    Well, we'll get them there.

  138. 0:24:18

    You have a question?

  139. 0:24:20

    Thank you, sir. Um, would there be any app- Uh, Mr. Chair, would there be any appetite to go ahead and just raise the standard deduction to 50,000 straight off the bat and take care of those folks that, um, aren't making a whole bunch of money by giving them the opportunity to, uh, replace the EITC with the $50,000 standard deduction?

  140. 0:24:43

    Well, this legislation does not address that, but I'm sure those are discussions that'll be ongoing.

  141. 0:24:49

    Thank you.

  142. 0:24:50

    Thank you. Are there any more questions before we move on to emotions? All right. No further questions. What's the will of the committee? Move to pass. All right, we have a motion. Do we have a second? All right, do we have any discussion or amendments?

  143. 0:25:04

    Yes, sir.

  144. 0:25:05

    All right. Chairman Williams.

  145. 0:25:07

    Uh, thank you, uh, Chairman Kelly. I'd like to propose an amendment to House Bill 880, LC 590332S. I'd ask, uh, legislative counsel to direct their attention to line 24. If you go to where the, it says, "Until the rate reaches 3.99%," if you could make a reference after that, a comma, uh, uh, make a reference, uh, to line 76 through 100 of this same bill, uh, which, which leaves the income tax reduction trigger still in place, um- The, the goal here, the overarching goal is to make sure that House Bill 880 is going to continue without being in any kind of conflict with the governor's bill, which we just passed, uh, House Bill 1001.

  146. 0:25:56

    If legisla- legislative council, can you do that for us?

  147. 0:26:00

    Paul, do you... Is that clear to you what we're wanting to do? Do you have any questions?

  148. 0:26:04

    Uh, no. I, I'm on 13. Can you hear me? Okay. Uh, I, I do not have any questions. Um, I'll just k- kind of restate it in terms of the way I understand it.

  149. 0:26:14

    Glaize, my legal degree is, uh, lacking.

  150. 0:26:17

    Yes, sir. Um, so my understanding is that the intent is at the end, well, towards the end of line 24, after the word "percent," to insert a reference to line 76 to 100, which will be, um, Code Section 48-7-27, subsection A, paragraph 1.1. So that will be the actual reference that goes into code, with the intent being for the process of reduction of tax rates in 48-7-20 to follow the same process as is set forth in line 76 to 100 for increases in the standard deduction.

  151. 0:27:03

    Would that, s- does that sound appropriate?

  152. 0:27:05

    Yes, sir. That's correct.

  153. 0:27:06

    Okay.

  154. 0:27:07

    Correct. All right. We have that in the, uh, posture of a motion, uh, as an amendment from Chairman Williamson. Is there a second to that amendment?

  155. 0:27:20

    Second.

  156. 0:27:20

    There's a second. Any time for discussion on the proposed amendment? All right, we'll vote on the amendment. All those in favor of the amendment, make it be known by saying aye.

  157. 0:27:31

    Aye.

  158. 0:27:31

    All opposed like sign. All right, the amendment carries. Any further discussion or amendments? All right, hearing none, we'll now take up House Bill 880, LC590332, committee substitute to House Bill 880 as amended. All those in favor, make it be known by saying aye.

  159. 0:27:50

    Aye.

  160. 0:27:51

    All opposed like sign.

  161. 0:27:52

    Aye.

  162. 0:27:55

    All r-

  163. 0:27:55

    That means no. I'm sorry.

  164. 0:27:58

    All r- all right. All those that, uh, wish to vote aye, will you raise your hands in favor? All those opposed, make it be known by raising your right hand. All right. The motion carries. The bill is now passed. Thank you.

  165. 0:28:15

    Thank you, Representative Kelly. And, um, I believe Chairman Carson,

  166. 0:28:24

    I know you had a little traffic problem this morning.

  167. 0:28:26

    Rain is beautiful today.

  168. 0:28:29

    It was a little slow for me coming in, too. Um, are you, uh, you ready?

  169. 0:28:36

    Yes, sir.

  170. 0:28:37

    Okay. All right. Well, uh, 1199. Chairman Carson.

  171. 0:28:42

    Yes, sir. Uh, we, uh, folks, this is our annual housekeeping measure in regard to the IRC or Internal Revenue Code, uh, conformity update. There were, as many of you on the committee know, there were a number of changes made from the one big beautiful bill. Uh, I've put together, I know there's a, uh, uh, 1199 fiscal note in the, in the folder, as well as I put together a conformity summary. Um, we're doing our best to be good stewards to the taxpayers of Georgia, um, um, i- i- in regard to what we can do in regard to the legislation.

  172. 0:29:16

    We, we simply can't afford as much of the revenue hit from all the measures that were adopted in the one big beautiful bill to adopt those down into Georgia. But we are, uh, conforming to, uh, quite a few of them.

  173. 0:29:31

    We, um, there will still be, uh, and it, it, procedurally and structurally, it has to be a different bill if we're going to remove the tax on tips or remove the tax on overtime, particularly with regard to the thresholds in the one big beautiful bill. Um, there are some other items that are just, quite honestly, very, very expensive from a revenue loss, uh, in regard to Section 168 from qualified business property, uh, allowing for full expensing. There's other, uh, deductions for 179, which we're not, we're in partial, uh, conformity, but not full.

  174. 0:30:05

    And, uh, this is a measure that I appreciate the chairman's work and, um, and as well as fiscal research general and especially, uh, Department of Revenue on this.

  175. 0:30:15

    Yeah.

  176. 0:30:15

    Happy to answer any questions.

  177. 0:30:17

    Mr. Chairman, if, does the department have, would y'all like to address anything

  178. 0:30:23

    regarding the conformity bill?

  179. 0:30:26

    We're good.

  180. 0:30:28

    Okay. Let's see. Chairman Parsons and then Representative Frye.

  181. 0:30:34

    Thank, thank you, Chairman. Uh, I just wanna make sure I'm clear on this. Did you, did you say that overtime is, uh, addressed in this?

  182. 0:30:43

    No.

  183. 0:30:44

    It's not.

  184. 0:30:44

    It is not. Therefore, someone that earns overtime income in 2025 and '26 and '27 and '28, under the one big beautiful bill, there is a threshold to which they don't pay tax on that, but we are still taxing that amount in Georgia.

  185. 0:30:59

    Okay. I'm, I'm good with it. Thank you.

  186. 0:31:02

    I think as a, as a committee and as, as a, as a Georgia House, we've really taken a stance more so on lowering taxes for everybody as opposed to taxing one income or not.

  187. 0:31:17

    Representative Frye.

  188. 0:31:19

    Thank you, Mr. Chair. Um, just another friendly clarification that this bill removes... So basically, the servers will have to pay taxes on their tips to the state. Is that correct?

  189. 0:31:34

    The service will?

  190. 0:31:35

    The servers.

  191. 0:31:36

    The servers, yes.

  192. 0:31:36

    Yeah. Okay. Thank you, sir.

  193. 0:31:40

    We, we would love to give another tax cut to Georgians, but quite honestly, that, these two buckets, and there's actually a third one we're not complying with, it's a deduction for interest on car loans. Those are the three big items o- on the, on the personal provisions. They're, quite honestly, a large revenue hit and would, uh, further impede us for providing tax cuts for all Georgians.

  194. 0:32:03

    And I, I think Chairman Carson that, uh, the way that's been contemplated is that, uh, you know, something that we would entertain as a separate measure.

  195. 0:32:12

    Yes, sir. That's correct. As, as you remember in the HR 1 that passed and was signed by the President in July, that provision... There's, there's two provisions in there, one for no tax on tips, but it's only to a certain amount. I, I, I can't remember. It's not a huge amount. A- as well as an amount for overtime. I think it was 12,500 or 15,000 or what have you. That would need to be, to the chairman's point, that would need to be as part of separate legislation for Title 48. Because we're not dealing with just a section code, we're dealing with a threshold, a dol- a monetary dollar amount threshold.

  196. 0:32:46

    Okay.

  197. 0:32:46

    If we were to do something.

  198. 0:32:47

    And a limited period of time. All right. Uh, Chairman Stevens?

  199. 0:32:51

    Just, just to be clear, just I wanna make sure that I'm understanding. Instead of picking and choosing on who's might be getting the tax cut, we're lowering the rate for everyone across the board?

  200. 0:33:03

    Chairman knows without a doubt what he speaks.

  201. 0:33:06

    Who is 14? Is it... Okay. Chairman Carpenter.

  202. 0:33:10

    Thank you, Chairman. Statement, not a question. Just as someone who employs a lot of people that work for tips, I can assure you that the people making tips are doing a whole lot better than the rest of the folks in the restaurant. So, uh, to give them a tax credit would actually be a disservice to the, to the busboys, food runners, dishwashers, et cetera.

  203. 0:33:32

    I don't see any further questions. Um. Oh, I do have Chairman Prince.

  204. 0:33:38

    More, uh, uh... So this was, uh, and this is to the author. And I'm sorry I got my back to you. But, uh, so we're not conforming totally with the, I guess, the big beautiful bill. Is that correct?

  205. 0:33:50

    That is correct. We are not.

  206. 0:33:52

    Okay. Thank you.

  207. 0:33:52

    We are in partial conformity, um, that's correct, but on both business and personal provisions of the c- of the code.

  208. 0:34:02

    In a, in a relatively consistent manner that we are year a- after year, fair to say, Mr. Chairman?

  209. 0:34:08

    Well, if, if, if, uh, Chairman, well, my, I, we ha- we didn't do full conformity with the Tax Cuts and Jobs Act in 2018 either, so...

  210. 0:34:18

    All right. Well, um, uh, this would serve as the second hearing. Um, is there anybody here that would need, wants to comment any further? What's the will of the committee?

  211. 0:34:33

    Move to pass.

  212. 0:34:33

    We have a motion and a second. Any further discussion? Hearing none. All those in favor, please signify by stating, "Aye."

  213. 0:34:41

    Aye.

  214. 0:34:41

    Those opposed, like same.

  215. 0:34:43

    Aye.

  216. 0:34:46

    All right.

  217. 0:34:46

    How many we, how many we get?

  218. 0:34:49

    All those in favor, please signify by raising your right hand. Okay. Those opposed, uh, like, raise your right hand. All right. Thank you. Bill passes. Thank you, Chairman Carson. Anybody have anything further for the good of the order? No. Thank you for being here this morning. We stand adjourned.

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