Income tax; tax credit for certain expenses incurred by taxpayers for certain geothermal machinery installations at residential dwellings; provide

Summary

The bill allows Georgia individual taxpayers to claim a credit of up to $300 for eligible firearm‑related expenses, such as purchasing a secure storage device or completing a two‑hour safe‑handling class. The credit is capped at $10 million statewide each year, cannot exceed the taxpayer’s liability, and does not carry forward. It becomes effective for tax years beginning on or after January 1, 2027.

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

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