HB 8 — Income tax credit; certain investments in qualified businesses; renew and revise
Last action — House Second Readers
-
1Introduced
-
2In Committee
-
3Passed House
-
4Passed Senate
-
5To Executive
-
6Enacted
This bill has been introduced in the House. Introduced January 13, 2025. It must pass committee before a floor vote.
Next likely step: a committee referral and hearing.
Odds of enactment
Low chanceBased on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.
Upgrade to see the exact probability and what's driving it.
A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.
Prognosis
Not enough signal yet to read this bill's trajectory — we surface a likelihood only once there's real movement (stage, sponsorship, committee, or votes) to point to.
Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.
Summary
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 renew and revise an income tax credit for certain investments in qualified businesses; to remove the requirement that the investment be made by a qualified investor; to provide for an aggregate cap; to allow such credit to be transferred; to provide a reporting requirement; to provide for definitions; to provide for sunset; to provide for an effective date and applicability; to provide for related matters; to repeal conflicting laws; and for other purposes.
Bill Text
- Latest version View text Current
Action History
-
House Second Readers
-
House First Readers
-
House Hopper
Sponsors
- Dar'shun Kendrick · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 246 not signed on
Sponsors (1)
- Dar'shun Kendrick Democrat
Co-sponsors (0)
None.
Not signed on (246)
246 members have not signed on to this bill.
Show all 246 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does HB 8 do?
- 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 renew and revise an income tax credit for certain investments in qualified businesses; to remove the requirement that the investment be made by a qualified investor; to provide for an aggregate cap; to allow such credit to be transferred; to provide a reporting requirement; to provide for definitions; to provide for sunset; to provide for an effective date and applicability; to provide for related matters; to repeal conflicting laws; and for other purposes.
- Who sponsors HB 8?
- HB 8 is sponsored by Dar'shun Kendrick (Democrat).
- What is the current status of HB 8?
- This bill has been introduced in the House. Introduced January 13, 2025. It must pass committee before a floor vote.
- Where can I track HB 8?
- Track HB 8 free on One Click Politics — get push/email alerts when it moves.
Make your voice heard on HB 8
Find the representatives who decide this bill and tell them where you stand — for yourself, or mobilize your whole list in one click with One Click Politics advocacy software.
Stay ahead of HB 8
Last checked for changes 3 months ago · updated continuously
One Click Politics tracks every bill in Congress and all 50 states.
Track this bill →