Fact Sheets
Bill Analysis: Senate Bill 447 (LC 36 2103-EC) | Unemployment Insurance
More than a decade of employer tax cuts dramatically reduced the unemployment insurance (UI) system’s reserves and left it inadequately prepared for the recent recession. As a result, Georgia has borrowed over $736 million from the federal government to continue meeting its obligation to pay state UI benefits. The financing of… [Read more]
Bill Analysis: House Bill 824 | K-12 Education Equalization Program
House Bill 824 Makes Changes to Georgia’s K-12 Education Equalization Program
House Bill 824 (HB 824) makes changes to the state’s K-12 education Equalization Program, which provides state funding to low-wealth school systems across Georgia. Proposed changes in HB 824 improve the program by shifting a larger portion of equalization… [Read more]
Bill Analysis: House Bill 868 (LC 34 3275) | Jobs Tax Credit
House Bill 868 is the first bill to drop as part of a package of proposals in the final report of Governor Deal’s Competitiveness Council. Following the report’s recommendations, the bill would revise two of Georgia’s tax incentives for private sector hiring—the Jobs Tax Credit and Quality Jobs Tax Credit.… [Read more]
State of Working Georgia: Jobs Count
According to new data from the U.S. Bureau of Labor Statistics, Georgia enjoyed a slight improvement in job growth at the close of 2011, yet the state still lags near the bottom when compared to other states. Download Fact Sheet.
Related Materials:State… [Read more]
TANF Supplemental Grant
As Congress finalizes the extension of the TANF program for the remainder of FFY 2012 (ending September 30, 2012), it can restore the TANF Supplemental Grant. In Federal Fiscal Year (FFY) 2011, Congress did not fully fund the TANF Supplemental Grant for the first time. Georgia received $12.7 million less,… [Read more]
Bill Analysis: House Bill 718 (LC 34 3233S) | Venture Capital
In an effort to strengthen the state’s venture capital market, House leaders crafted House Bill 718, a proposal currently before the House Insurance Committee, which calls for the creation of an expensive new tax credit program – deemed “Invest Georgia” – aimed at expanding access to capital for Georgia businesses.
Invest… [Read more]
Bill Analysis: House Bill 718 (LC 34 3201) | Venture Capital
In an effort to strengthen the state’s venture capital market, House leaders crafted House Bill 718, a proposal currently before the House Insurance Committee, which calls for the creation of an expensive new tax credit program aimed at expanding access to capital for Georgia businesses. Download PDF.
Related… [Read more]
Georgia Establishes Stand-Alone Public Health Agency Beginning in FY 2012
The FY 2012 budget appropriates $186 million in state funding for the newly established Department of Public Health. The FY 2012 programmatic funding level of $166.2 million represents a $25.8 million, or 13.4 percent, decline from the pre-recession FY 2009 budget. Download the PDF.
Smaller Budgets Impact Higher Education
This fact sheet provides an overview of the FY 2012 budgets for the University System of Georgia and the Technical College System of Georgia. Download the PDF.
Funding Cuts Affect HOPE Program
The FY 2012 budget allocates $650 million in total funding for programs that provide financial assistance for post-secondary education. The majority of the funding is provided by state lottery games. Download the PDF.
