Bill Text: GA HB338 | 2009-2010 | Regular Session | Introduced
Bill Title: Taxable net income; AmeriCorps payments and awards; provide deduction
Spectrum: Slight Partisan Bill (Democrat 4-2)
Status: (Introduced - Dead) 2009-02-11 - House Second Readers [HB338 Detail]
Download: Georgia-2009-HB338-Introduced.html
09 LC 25
5433
House
Bill 338
By:
Representatives Kaiser of the
59th,
Hembree of the
67th,
Ashe of the
56th,
Teilhet of the
40th,
Epps of the
128th,
and others
A
BILL TO BE ENTITLED
AN ACT
AN ACT
To
amend Code Section 48-7-27 of the Official Code of Georgia Annotated, relating
to computation of taxable net income, so as to provide an income deduction for
the combined amount of any AmeriCorps living allowance payments and AmeriCorps
education award; to repeal conflicting laws; and for other
purposes.
BE
IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:
SECTION
1.
Code
Section 48-7-27 of the Official Code of Georgia Annotated, relating to
computation of taxable net income, is amended in subsection (a) by deleting
"and" at the end of paragraph (14), replacing the period with "; and" at the end
of paragraph (15), and adding a new paragraph to read as follows:
"(16)
The combined amount of any AmeriCorps living allowance payments and AmeriCorps
education award."
SECTION
2.
All
laws and parts of laws in conflict with this Act are repealed.