ATLANTA – State Representative Shaw Blackmon (R-Bonaire), chairman of the House Ways and Means Committee, today announces that Governor Brian Kemp has signed House Bill 463 and Senate Bill 33 into law. Sponsored by Rep. Blackmon, HB 463 lowers the state income tax rate, increases the standard deduction and exempts portions of tips and overtime pay from taxation. Rep. Blackmon also carried SB 33 in the House, which limits property tax assessment increases and allows local governments to utilize sales taxes to provide additional tax relief for Georgia homeowners.
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