The Act provides for the review of tax credits and deductions while extending or creating various tax credits and deductions. First, the Act allows certain government officials to request a review of up to five tax credits or deductions per year to evaluate their economic efficiency. Second, the Act creates or extends tax credits and deductions for medical and pharmaceutical manufacturers, high-impact aerospace defense projects, short-line railroads, ticket sales for fine arts performances, rehabilitation of historic structures, yacht maintenance, and projects of regional significance.
Richard Hardeman & Aidan Zafar,
SB 6: The Review, Creation, and Extension of Georgia Tax Credits and Deductions,
Ga. St. U. L. Rev.
Available at: https://readingroom.law.gsu.edu/gsulr/vol38/iss1/18