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$1.1 billion in refund checks heading to Georgia taxpayers
GEORGIA (WTVM) - It’s good news for Georgia taxpayers.This week, Governor Brian Kemp signed House Bill 1302, providing a tax refund to residents. Once you have filed an individual income for 2021, the Georgia Department of Revenue will credit you with a one-time refund amount for the following: The governor talked about the legislation today in Savannah. He explained where the money would come from and when taxpayers could expect it. He stated the one-time tax credit is state money returning to Georgian. It is not federal aid money from the American Rescue Plan Act. Kemp attributed the surplus of more than a billion dollars to the state’s decisions during the pandemic, a strong economy and conservative budgeting by state lawmakers. "It’s one-time money. I think it’s best when we have more than we need to send it back to the people that sent it to us, the taxpayers. That’s what we’re doing with over a billion dollars of refunds that will be in Georgians’ bank accounts in a matter of weeks. It’s what also allowed us to do the two-month moratorium on collecting gas tax at the pump," explained Kemp. According to the governor, Georgians can expect a one-time refund in the coming weeks. Posted by: Besoeker 2022-04-23 |
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