HB 1070 Georgia House · 2025-2026 Regular Session

Income tax; increase and extend a credit for expenditures on maintenance of railroad track owned or leased by Class III railroads

Summary

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 income tax imposition, rate, computation, exemptions, and credits, so as to increase and extend an income tax credit for expenditures on the maintenance of railroad track owned or leased by Class III railroads; to provide for related matters; to repeal conflicting laws; and for other purposes.

Bill status signed all 5 stages cleared

Introduction

Jan 2026

Committee Review

Mar 2026

House Passage

Feb 2026

Senate Passage

Mar 2026

Signed into Law

May 2026

Introduced Jan 28, 2026 Signed May 12, 2026

Maddy AI version diff · 1 comparison

What changed between versions

LC 39 4886/a → HB 1070/AP* · 5 edits

MODERATE

The bill was updated to reflect its passage by both legislative chambers and adjusted several financial parameters to increase funding and extend the program's duration. The primary changes include raising the annual credit limit per mile of track, extending the program's end date, and clarifying which expenses qualify for the credit.

Scope change

The bill's scope remains focused on providing tax credits to Class III railroads for track maintenance, but the financial incentives and timeframes have been expanded.

FISCAL

The maximum annual tax credit per mile of railroad track was increased from $3,500 to $5,000.

TIMELINE

The program's end date was extended from December 30, 2026, to December 31, 2027.

The deadline for assigning unused tax credits to other taxpayers was extended from January 1, 2027, to January 1, 2028.

DEFINITION

New language clarifies that expenses used to qualify for federal tax credits or funded by state/federal grants do not count toward the credit.

ENFORCEMENT

The annual reporting requirement for the commissioner was extended to include reports until 2028 instead of 2027.

Floor votes · Senate Mar 27, 2026 · House Feb 25, 2026

How they voted

38–3

Passed · 6 other

Total votes 47

Mar 27, 2026

D Democratic18

13 Yea 5

72% Yea

R Republican29

25 Yea 3 Nay 1

86% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

May 12, 2026

Vetoed

Veto V4

upper

May 12, 2026

Signed into law

House Date Signed by Governor

lower

Mar 31, 2026

Introduced

House Agreed Senate Amend or Sub

lower

Mar 27, 2026

Upper · Passed

Senate Passed/Adopted By Substitute

upper

Mar 27, 2026

Upper · Passed

Senate Engrossed

upper

Mar 19, 2026

Upper · Passed

Senate Committee Favorably Reported By Substitute

upper

Feb 26, 2026

Committee

Senate Read and Referred

upper

Feb 25, 2026

Lower · Passed

House Passed/Adopted

lower

Feb 11, 2026

Lower · Passed

House Committee Favorably Reported

lower

Jan 28, 2026

Introduced

House Hopper

lower

5 primary · 0 co-sponsors