Georgia legislation · 2025-2026 Regular Session
Georgia HB1001: Income tax; reduce rate of tax
Status: Passed one chamber, March 31, 2026
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 relative to income taxes, so as to reduce the rate of the tax; to provide for related matters; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.
What the bill says
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 relative to income taxes, so as to reduce the rate of the tax; to provide for related matters; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.
From the introduced text:
A BILL TO BE ENTITLED 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 relative to income taxes, so as to reduce the rate of the tax; to provide for related matters; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes. BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA: SECTION 1. Article 2 of Chapter 7 of Title 48 of the Official Code of Georgia Annotated, relating to the imposition, rate, computation, exemptions, and credits relative to income taxes, is amended by revising subsection (a.1) of Code Section 48-7-20, relating to individual tax rates, credit for withholding and other payments, and applicability to estates and trusts, as follows: "(a.1)(1) On and after January 1, 2025 2026, the tax imposed pursuant to subsection (a) of this Code section shall be 5.19 4.99 percent for taxable years beginning on or after January 1, 2025 2026; provided, however, that such rate shall be reduced by 0.10 percent annually beginning on January 1, 2026, until the rate reaches 4.99 percent, provided that such annual reductions in the tax rate shall be subject to delays as provided in paragraph (2) of this subsection. H. B. 1001 LC 59 0226-EC (2) …
Sponsors
- Bo Hatchett (R, SD-050) · primary sponsor
- Will Wade (R, 9) · primary sponsor
- Matthew Gambill (R, 15)
- Devan Seabaugh (R, 34)
- Soo Hong (R, 103)
- Shaw Blackmon (R, 146)
- Hugh Williamson (R)
Latest actions
- : Senate Tabled
- : Senate Engrossed
- : Senate Read Second Time
- : Senate Committee Favorably Reported
- : Senate Read and Referred
- : House Passed/Adopted
- : House Third Readers
- : House Committee Favorably Reported
- : House Second Readers
- : House First Readers
Votes
- House Vote #552 (February 25, 2026): 106 yea, 66 nay, passed
Common questions
- What is HB1001?
- HB1001 is a bill in the Georgia Legislature (2025-2026 Regular Session): Income tax; reduce rate of tax.
- What does HB1001 do?
- In its own words: 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 relative to income taxes, so as to reduce the rate of the tax; to provide for related matters; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.
- What is the status of HB1001?
- Passed one chamber as of March 31, 2026. Latest action: Senate Tabled (March 31, 2026).
- Who sponsored HB1001?
- Bo Hatchett (R, SD-050), with 6 co-sponsors.
- Where is the official record for HB1001?
- On the Georgia Legislature website: https://www.legis.ga.gov/legislation/72294
Source: official Georgia record. Tracked by Delilah, AI for legislation across all 50 states and Congress.