Each year, the Georgia Budget and Policy Institute analyzes tax legislation passed by the General Assembly and tallies estimated costs and new revenues in our two-part Adding Up the Fiscal Notes series. This analysis is a snapshot of
On Sine Die, the last day of the legislative session, the Georgia House and Senate approved the state’s Fiscal Year (FY) 2021 budget, which begins on July 1. The Senate passed an updated budget proposal yesterday evening, and the House approved
The Georgia Senate Appropriations Committee met Wednesday morning to discuss changes to House Bill 793, which details the state’s budget for Fiscal Year (FY) 2021. While the committee made some changes and reductions to previously proposed budget cuts, this new proposal
Dear Governor Kemp and Members of the Georgia General Assembly, Thank you for your work in service of our state during this very difficult time. As partners in the effort to help our state recover, we are asking you to
COVID-19 created an economic crisis that led Georgia lawmakers to call for deep budget cuts to every state agency. But without an effort to raise revenues and fix budget shortfalls, our state faces a massive economic downturn that will severely
As a result of the COVID-19 pandemic, Georgia is facing an economic and fiscal crisis that threatens the state’s ability to fund critically needed programs and services. A state budget shortfall of $3 to $4 billion is projected in fiscal
Key Takeaways The coronavirus pandemic and resulting economic decline could lead to steep revenue shortfalls without sufficient federal aid. In order to address the effects of the coronavirus, Georgia leaders must prioritize long-term recovery with investments in health, education, the
Each year, the Georgia Budget and Policy Institute analyzes tax legislation considered by the General Assembly and tallies estimated costs and revenues in our two-part Adding Up the Fiscal Notes series. This analysis is a snapshot of the legislative state
Georgia state lawmakers are moving forward with a proposal to further cut the state income tax rate, and shift its structure from a graduated income tax ranging from 2% to 5.75% depending on income to a flat income tax rate: 5.375%
Twelve days into the 2020 session of the Georgia General Assembly, legislators voted to take a week-long break from regular business to allow extra time for deliberations over Georgia’s fiscal priorities and annual appropriations bills. State leaders continue to express
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Georgia Budget & Policy Institute
