Georgia’s Kemp Signs Tax Rebate Bill

by Steve Wilson

 

Gov. Brian Kemp signed into law a bill this week that would provide $1 billion in tax rebates for Georgia income tax filers.

House Bill 162 provides a special state income tax refund for Georgians who filed returns in both the 2021 and 2022 taxable years. It marks the second year in a row that Georgia taxpayers will receive a rebate.

Under the new law, those filing as single and married individuals filing separately could receive a maximum of $250. Head of household filers could receive up to $375 and married couples filing a joint return could receive a maximum refund of $500, based on their tax liability.

“While some in Washington, D.C. are calling for tax increases, we’re sending money back to hardworking Georgians,” Kemp said in a release. “And while they want to grow government, we’re growing opportunity.

“Last year, we returned over a billion dollars to the taxpayers of our state, and I’m proud we’re doing it again. Thank you to those in the General Assembly who supported this measure to help Georgia families fighting through 40-year high inflation.”

According to the release, the Georgia Department of Revenue will start issuance of the tax refunds within six to eight weeks. Taxpayers must file their 2021 and 2022 taxes prior to receiving the refund.

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Steve Wilson has been an award-winning writer and editor for nearly 20 years at newspapers in Georgia, Florida and Mississippi and is a U.S. Coast Guard veteran and University of Alabama graduate. Wilson is a regional editor for The Center Square. 
Photo “Brian Kemp” by Governor Brian Kemp. Background Photo “Georgia State Capitol” by DXR. CC BY-SA 4.0.

 

 

 

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