GSEC Legislative Update

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The legislature reconvened Monday for legislative day 20 and work through Friday, February 26 completing legislative day 24.  We are approaching Crossover Day, the deadline for a bill to pass out of either legislative chamber in order to be considered this session, which takes place on the 28th legislative day.

To view Senate Resolution 82, the current adjournment resolution dictating the legislative calendar, click here.

Senate Bill 6: Tax Credit Return on Investment Act of 2021
GSEC Position: 
Under Consideration
Bill Sponsor in the Senate: John Albers (R-Roswell)
Overview: SB 6 requires that the Office of Planning and Budget determine, either themselves or through a contract with a third party, the direct and indirect effects of tax incentives upon the request of either the Chairman of the Senate Finance Committee or the House Ways and Means Committee.  Each Chairman may choose up to 5 tax incentives (either in law or in proposed legislation) each year to be studied, which must be completed no later than December 1 of that year.

While GSEC is still vetting the legislation and working with bill sponsors, there is general concern from the business community that the bill is overly broad and lacks any official recourse to counterclaim audits. SB 6 passed the Senate on February 1 with a vote of 51-0 and is in the House Ways & Means Committee.

House Bill 112: Immunity Extension for COVID Liability
GSEC Position: Support
Bill Sponsor: Representative Trey Kelley (R-Cedartown)
Overview: HB 112 is an extension of liability relief for health care providers, facilities, and businesses that was originally passed in 2020 as SB 359 and is currently scheduled to sunset on July 14 of 2021.  HB 112 extends liability protections for an additional year until July 14, 2022. On Tuesday, February 9, the House of Representatives passed HB 112 with a vote of 99 – 68. HB 112 is now available for consideration in the Senate Judiciary Committee.  HB112 has broad support among the business community and has been cited as a critical component to resuming production activity.

House Bill 441: Income tax credit; film, gaming, video, or digital production in Georgia; repeal
GSEC Position: Monitoring
Bill Sponsor: David Clark (R-Buford)
Overview: HB 441 repeals the tax credit program for film, gaming, video, or digital production in Georgia. The bill only has a single signer, Rep. David Clark.  It was assigned to the House Committee on Creative Arts & Entertainment, where it will have a difficult time gaining any traction.  The bill is not expected to move.

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