Last week's icy weather cut short a planned “school choice” rally, but supporters still hope their agenda will move forward this year, including a proposed expansion of the state's tuition tax credit program. Representative Earl Ehrhart (R- Powder Springs) wants to increase the amount of money available for the tax credit program from the current level of $58 million. Taxpayers qualify for the credit by making donations to student scholarship organizations, which distribute funds to help students pay for transferring from public to private schools.
Just like the film industry, companies in the gaming industry can receive tax credits of up to 30 percent for their production expenses in Georgia. But, some in the industry worry the growth created by these incentives will soon come to an end. Lawmakers passed a $25 million cap on the tax credits that went into effect this year.
A new Families USA report says 800,000 Georgians can get a tax break when they buy a health insurance plan through new health care exchanges. The amount is determined by income and the cost of the premiums.
A Savannah-shot film gets its national debut this weekend. Robert Redford's "The Conspirator" tells the story of the lone woman charged in President Abraham Lincoln's assassination. Savannah stands in for Civil War era Washington D.C. and gets a lot of screen time. So do extras like Philip Aultman, who appears about a dozen times.
Georgia's film industry is booming and some industry experts say that is proof enough that film tax credits are working. A committee of state lawmakers is reviewing all of Georgia's tax code and is expected to recommend sweeping changes in the upcoming legislative session. On the chopping block could be dozens of tax breaks that cost the state money and don't produce jobs.
A new report shows that more than 84 percent of Georgia’s small businesses will benefit from health tax credits this year. The tax credit program is a key element of the new health care reform law that will help small businesses with fewer than 25 workers pay for employee health insurance.
Georgia has lagged behind other states in alternative energies like solar. But a new solar farm--the state’s biggest--is doubling Georgia Power’s use of solar electricity and positioning the state to catch-up in the green energy race.