From 52d35afecc2ea2b7aebbb656f76fc26bed4dbf26 Mon Sep 17 00:00:00 2001 From: David Trimmer Date: Thu, 26 Feb 2026 09:58:20 -0500 Subject: [PATCH 1/2] Bill review: Income tax; reduce rate of tax (GA HB1001) Co-Authored-By: Claude Opus 4.5 --- src/data/analysisDescriptions.js | 1 + 1 file changed, 1 insertion(+) diff --git a/src/data/analysisDescriptions.js b/src/data/analysisDescriptions.js index 3a2ad4d..86fa84d 100644 --- a/src/data/analysisDescriptions.js +++ b/src/data/analysisDescriptions.js @@ -24,6 +24,7 @@ const descriptions = { "dc-hjr142": "Congressional resolution disapproving the D.C. Income and Franchise Tax Conformity and Revision Emergency Amendment Act of 2025, which would eliminate the $1,000 Child Tax Credit and revert the EITC match for households with children from 100% to 85%.", // Georgia + "ga-hb1001": "Accelerates Georgia's income tax rate reduction to 4.99% starting in 2026, one year ahead of the HB111 schedule. Removes the revenue trigger conditions that could delay the reduction.", "ga-sb168": "Reduces Georgia's flat income tax rate from 5.09% to 4.19% for 2026, with 1.0pp annual cuts to eliminate the tax by 2031. Removes revenue trigger conditions and rate floor.", "ga-sb476": "Reduces Georgia income tax rate to 4.99% and increases standard deductions to $50,000 for single filers and $100,000 for joint filers, effective January 1, 2026.", From e376d08aeed9c5e7de4041c8d086000a9f475429 Mon Sep 17 00:00:00 2001 From: David Trimmer Date: Wed, 4 Mar 2026 15:35:29 -0500 Subject: [PATCH 2/2] update description --- src/data/analysisDescriptions.js | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/src/data/analysisDescriptions.js b/src/data/analysisDescriptions.js index 86fa84d..11f42c2 100644 --- a/src/data/analysisDescriptions.js +++ b/src/data/analysisDescriptions.js @@ -24,7 +24,7 @@ const descriptions = { "dc-hjr142": "Congressional resolution disapproving the D.C. Income and Franchise Tax Conformity and Revision Emergency Amendment Act of 2025, which would eliminate the $1,000 Child Tax Credit and revert the EITC match for households with children from 100% to 85%.", // Georgia - "ga-hb1001": "Accelerates Georgia's income tax rate reduction to 4.99% starting in 2026, one year ahead of the HB111 schedule. Removes the revenue trigger conditions that could delay the reduction.", + "ga-hb1001": "Accelerates Georgia's income tax rate reduction to 4.99% starting in 2026. Removes the revenue trigger conditions that could delay the reduction. We do not model the reduction in corporate tax rate to 4.99% in this analysis.", "ga-sb168": "Reduces Georgia's flat income tax rate from 5.09% to 4.19% for 2026, with 1.0pp annual cuts to eliminate the tax by 2031. Removes revenue trigger conditions and rate floor.", "ga-sb476": "Reduces Georgia income tax rate to 4.99% and increases standard deductions to $50,000 for single filers and $100,000 for joint filers, effective January 1, 2026.",