Georgia Legislative Watch

Your inside source to the Gold Dome

Economic stimulus and Georgia taxpayers

Filed under: News, New Legislation — January 29, 2008 @ 4:47 pm

This afternoon the United States House of Representatives passed an economic stimulus package that would give taxpayers a “rebate” between $600 and $1,200.

Here in Georgia, State Rep. Chuck Martin has proposed legislation that would supposedly exempt the rebates from the state income tax:

Rep. Chuck Martin (R-Alpharetta) is pushing legislation co-sponsored by leaders of both parties to make sure Georgians don’t have to pay state income taxes on the stimulus checks they might be receiving from the federal government.

And, unlike the stimulus plan, Martin said his bill doesn’t have any income caps. So more affluent Georgians who don’t receive a check would also get a tax break if the measure is approved.

The savings: on average about $72 for individuals, $144 for couples without children, a little more for families with kids.

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