ATLANTA –Representative Steven Sainz (R-St. Marys) applauds the recent passage of House Bill 1020, legislation that would expand tax credit eligibility for businesses located near federal military installations in non-metro areas.
“With the successful passage of House Bill 1020, we’ve effectively dismantled unnecessary barriers for businesses in underdeveloped areas,” said Rep. Sainz. “By granting businesses access to crucial tax credits without the previous mandate of a government-operated industrial park, we’re enabling Georgia’s businesses to foster statewide economic growth opportunities. This common-sense change will also unlock and empower our highly skilled veteran workforce in accessing second chance careers in the private market. I anticipate collaborating with my Senate colleagues to advance this legislation as this measure would promise to bring about significant improvements in Georgia’s non-metro communities and propel progress throughout the state.”
HB 1020 addresses tax credits for businesses in non-metro areas and would remove the requirement for a qualifying census tract with a federal military installation to also include a government-owned and operated industrial park.
HB 1020 now heads to the Senate for consideration.
The full text of HB 1020 may be found here.
Representative Steven Sainz represents the citizens of District 180, which includes Camden County and portions or Glynn County. He was elected to the House of Representatives in 2018 and currently serves as Chairman of the Special Rules Committee and as Secretary of the Economic Development & Tourism Committee. He also serves on the Appropriations Subcommittee on Human Resources and the Creative Arts & Entertainment, Defense & Veterans Affairs, Governmental Affairs, Judiciary Non-Civil, Public Safety and Homeland Security, Technology and Infrastructure Innovation and Ways & Means committees.
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