Bill Text: GA HB261 | 2009-2010 | Regular Session | Amended

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Income tax credit; purchase of one eligible single-family residence; provide

Spectrum: Partisan Bill (Republican 7-0)

Status: (Passed) 2009-05-11 - Effective Date [HB261 Detail]

Download: Georgia-2009-HB261-Amended.html

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09 AM 18 1512

ADOPTED
SENATE AMENDMENT #2 TO HB 261:

Amend HB 261 by inserting between the word "foregoing" and "to" on line 5 the following:
to amend Article 3 of Chapter 7 of Title 48 of the Official Code of Georgia Annotated, relating to income tax returns and information, so as to authorize taxpayers to make certain contributions through the income tax payment and refund process to programs for education regarding and the alleviation of multiple sclerosis; to provide an effective date and for applicability;

By inserting between lines 50 and 51 the following:

SECTION 2 .

Article 3 of Chapter 7 of Title 48 of the Official Code of Georgia Annotated, relating to income tax returns and information, is amended by adding a new Code section to read as follows:

"48-7-64.

(a) Each Georgia income tax return form for taxable years beginning on or after January 1, 2009, shall contain appropriate language, to be determined by the commissioner, offering the taxpayer the opportunity to contribute to programs for education regarding and the alleviation of multiple sclerosis by donating either all or any part of any tax refund due, by authorizing a reduction in the refund check otherwise payable, or by contributing any amount over and above any amount of tax owed by adding that amount to the taxpayer's payment. The instructions accompanying the income tax return form shall contain a description of such programs and the intended use of moneys received from the contributions. Each taxpayer required to file a state income tax return who desires to contribute to such programs may designate such contribution as provided in this Code section on the appropriate income tax return form.

(b) The Department of Revenue shall determine annually the total amount so contributed and shall transmit such amount to the National Multiple Sclerosis Society Georgia Chapter."