HB626: Income tax; revise definition of force majeure relative to tax credits for jobs associated with large-scale projects to include a pandemic

Legislative Summary

A BILL to be entitled an Act to amend Article 2 of Chapter 7 of Title 48 of the Official Code of Georgia Annotated, relating to imposition, rate, computation, exemptions, and credits relative to income tax, so as to revise the definition of force majeure relative to tax credits for jobs associated with large-scale projects to include a pandemic; to limit the applicability of such term; to provide for related matters; to repeal conflicting laws; and for other purposes.