Poor to keep low-income tax credit refund
Low-income Georgians got a break Thursday night.
While approving HB 1198, the senate agreed a conference committee recommendation to strip the bill of a controversial amendment that would have eliminated the refundable portion of the low-income tax credit for people who earn less than $20,000 annually.
Those Georgians – about a million, mostly seniors – would continue to receive the refund. The refund was designed to offset sales taxes that the poor pay to the state.
At question was as much as $26 per person annually.
“I am happy that the conference committee felt that removing the refund would be punitive to lower income Georgians,” said Sen. Steve Henson (D-Tucker).
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