Income tax; rehabilitation of historic structures; revise tax credits

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, and computation and exemptions from state income taxes, so as to revise procedures, conditions, and limitations relating to tax credits for the rehabilitation of historic structures; to authorize promulgation of regulations; to provide for preapproval of additional tax credits for current recipients of tax credits; to provide for automatic repeal; to provide for related matters; to provide for applicability; to repeal Section 2 of Ga. L. 2015, p. 1340, approved May 12, 2015; and for other purposes.