HB 880 Georgia House · 2025-2026 Regular Session

Income tax; reduce tax rate that may be reached under certain conditions

Summary

A BILL to be entitled an Act to amend Article 2 of Chapter 7 of Title 48 and Part 1 of Article 4 of Chapter 12 of Title 45 of the Official Code of Georgia Annotated, relating to the imposition, rate, computation, exemptions, and credits relative to income taxes and management of budgetary and financial affairs, respectively, so as to reduce the income tax rate that may be reached under certain conditions; to provide for certain amounts of the Revenue Shortfall Reserve to be used for tax relief; to increase the limitation on the maximum percentage of net revenue allowed to be held in the Revenue Shortfall Reserve; to remove outdated provisions; to provide for related matters; to provide for an effective date; to repeal conflicting laws; and for other purposes.

Issues: ✓ Budget & Taxes

Bill status passed 3 of 5 stages cleared

Introduction

Mar 2025

Committee Review

Mar 2026

House Passage

Mar 2026

Senate Passage

Governor

Introduced Mar 28, 2025 Last action Mar 9, 2026

Maddy AI version diff · 3 comparisons

What changed between versions

LC 59 0364S/hs → LC 59 0364S/hcs · 3 edits

MINOR

This bill amends Georgia's tax code to lower individual income tax rates and adjust deductions. The primary change is the establishment of a schedule to reduce the state income tax rate from 5.19% down to 4.99% over time, contingent on specific economic conditions. Additionally, the bill updates the reporting requirements for the Office of Planning and Budget regarding these tax rate adjustments.

Scope change

The scope of the tax rate reduction is now explicitly tied to economic performance metrics, such as revenue growth and the state's reserve fund balance.

TIMELINE

The tax rate reduction schedule is now subject to delays if the Governor's revenue estimates do not grow by at least 3%, if revenue collections do not increase for three consecutive years, or if the Revenue Shortfall Reserve does not have sufficient funds.

REQUIREMENT

The Office of Planning and Budget must now report its determinations on whether to delay tax rate reductions to multiple legislative and committee leaders by December 1 each year.

TECHNICAL

Minor formatting adjustments were made to the document structure, including page headers and line numbering.

Floor votes · House Mar 6, 2026

How they voted

89–56

Passed · 6 other

Total votes 151

Mar 6, 2026

D Democratic64

5 Yea 56 Nay 3

87% Nay

R Republican87

84 Yea 3

96% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Mar 9, 2026

Committee

Senate Read and Referred

upper

Mar 6, 2026

Lower · Passed

House Passed/Adopted By Substitute

lower

Feb 26, 2026

Lower · Passed

House Committee Favorably Reported By Substitute

lower

Feb 17, 2026

Committee

House Withdrawn, Recommitted

lower

Feb 11, 2026

Lower · Passed

House Committee Favorably Reported By Substitute

lower

Mar 28, 2025

Introduced

House Hopper

lower

6 primary · 0 co-sponsors