Income tax credit; certain investments in qualified businesses; renew and revise

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.