Georgia bills · 2025-2026 Regular Session
Georgia HB 151
Income tax; deduction for casualty losses of timber in an amount based on the diminution of value; provide
- Introduced
- In committee
- Passed House
- Passed Senate
- To Governor
- Became law
Sponsors
- Martin Momtahan (Republican)
- Chas Cannon (Republican)
- Leesa Hagan (Republican)
- John Corbett (Republican)
- Angie O'Steen (Republican)
- Noel Williams, Jr. (Republican)
Summary
Official abstract published by the Georgia legislature· description
A BILL to be entitled an Act to amend Chapter 7 of Title 48 of the Official Code of Georgia Annotated, relating to income taxes, so as to provide for a deduction from Georgia taxable income for casualty losses of timber in an amount based on the diminution of value; to provide for conditions and limitations; to provide for an aggregate cap; to provide for related matters; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.
Text versions
Roll-call votes
No recorded votes on this bill.
Actions
- Jan 30, 2025 · House
House Second Readers - Jan 29, 2025 · House
House First Readers - Jan 28, 2025 · House
House Hopper