State Representative Dar’shun Kendrick (D-Lithonia) introduced five bills that are aimed at increasing “Black wealth.” The bills propose racial compositions on Georgia corporations receiving state tax credits; reinstatement of the “Angel Investor” tax credit and qualifying historically Black colleges and universities (HCBU) as eligible; tax credits for HBCU entrepreneurship programs; racially diversify all boards, commissions, councils, or committees to reflect the state’s demographics; and annual reports on wealth within certain demographics.
In a press release, Kendrick claimed that Black communities are systemically marginalized within the economy. She added that the pandemic has only compounded the matter.
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