Georgia is one of the few states that continue to levy an income tax on low-income families. Many states have used state EITC legislation to help working families move up the economic ladder into the middle-class and break the cycle of poverty. In Georgia, more than 1 million families claimed the federal EITC in 2013. Providing a state-level work credit to low-income working Georgians would benefit Georgia families and our economy by putting more disposable income into the pockets of consumers, infusing dollars into local economies and boosting business.
Sponsored by Senator Elena Parent (D-42), Senate Bill 41 would create a state earned income tax credit (EITC) in Georgia. We support this legislation that would put more disposable income into the pockets of consumers, give low-income working Georgians an economic leg up, infuse dollars into local economies, and boost business. The bill did not make “crossover day” and will not pass this year. See our blog about why this issue is so important.
Past Georgia Legislation: For the 2017-2018 Legislative Session, two bills were filed around EITC:
- Representative Jay Powell (R-171st) filed HB 329
- Senator Elena Parent (D-42) filed SB 172, which would have created a 10% refundable EITC.
Unfortunately, these bills did not pass during the 2017-2018 Legislative Session.