Income tax; term "small business"; revise definition

Summary

The bill updates the definition of “small business” in Georgia’s income‑tax statutes and creates a tax deduction for payments made to certain certified subcontractors. It is aimed at encouraging state contractors to work with minority‑, women‑, and veteran‑owned small firms.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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