Georgia legislation · 2025-2026 Regular Session
Georgia HB165: Income tax credit; business enterprises for leased motor vehicles; repeal and reserve
Status: Signed into law, May 5, 2026
A BILL to be entitled an Act to amend Title 48 of the Official Code of Georgia Annotated, relating to revenue and taxation, so as to repeal and reserve an income tax credit for business enterprises for leased motor vehicles; to exempt from sales and use taxation property used in construction, renovation, and rehabilitation of affordable housing by nonprofit organizations; to repeal sales and use tax exemptions for certain admissions to view film or videotapes and the sale of certain machinery and equipment used to improve air quality; to provide for related matters; to repeal conflicting laws; and for other purposes.
What the bill says
To amend Title 48 of the Official Code of Georgia Annotated, relating to revenue and taxation, so as to repeal and reserve an income tax credit for business enterprises for leased motor vehicles; to exempt from sales and use taxation property used in construction, renovation, and rehabilitation of affordable housing by nonprofit organizations; to repeal sales and use tax exemptions for certain admissions to view film or videotapes and the sale of certain machinery and equipment used to improve air quality; to provide for related matters; to repeal conflicting laws…
From the introduced text:
A BILL TO BE ENTITLED To amend Title 48 of the Official Code of Georgia Annotated, relating to revenue and taxation, so as to repeal and reserve an income tax credit for business enterprises for leased motor vehicles; to exempt from sales and use taxation property used in construction, renovation, and rehabilitation of affordable housing by nonprofit organizations; to repeal sales and use tax exemptions for certain admissions to view film or videotapes and the sale of certain machinery and equipment used to improve air quality; to provide for related matters; to repeal conflicting laws; and for other purposes. BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA: SECTION 1. Title 48 of the Official Code of Georgia Annotated, relating to revenue and taxation, is amended in Code Section 48-7-40.22, relating to tax credits for business enterprises that purchase or lease a motor vehicle to provide transportation for employees, by revising subsection (h) as follows: "(h) This Code section shall stand repealed and reserved on December 31, 2029 2025." H. B. LC 50 0947 SECTION 2. Said title is further amended by revising paragraphs (24), (60), and (103) of Code Section 48-8-3, relating to exemptions from sales and use taxes, as follows: "(24) The rental of videotape or motion picture film to any person who charges an admission fee to …