HB929: Income tax; exclude net capital gains

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 the imposition, rate, computation, exemptions, and credits for state income tax, so as to exclude from taxation net capital gains; to provide for related matters; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.