HB363: Health; eligibility to receive tax credits; revise a definition; provisions

Legislative Summary

A BILL to be entitled an Act to amend Code Section 31-8-9.1 of the Official Code of Georgia Annotated, relating to eligibility to receive tax credits, so as to revise a definition; to amend Code Section 48-7-29.20 of the Official Code of Georgia Annotated, relating to tax credits for contributions to rural hospital organizations, so as to increase the tax credit limit for contributions by corporate donors; to increase the aggregate limit for tax credits for contributions to rural hospital organizations; to provide for preapproval of proportional amounts of contributions under certain circumstances; to provide for certain timelines; to extend the sunset provision; to provide for related matters; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.