Atlanta Journal-Constitution: Georgia Senate gives final passage to $1.1 billion income tax refund
Under House Bill 1302, which passed 47-4, single Georgians would be able to receive a $250 refund when they file their taxes, joint filers $500. The refunds would go to those who filed returns for the tax years 2020 and 2021 and the money would be available in six to eight weeks.
Sen. Clint Dixon, R-Buford, one of the governor’s floor leaders, told colleagues Wednesday that the refund backed up Kemp’s belief that “when government takes in more money than it needs, the surplus funds should go back to taxpayers. They know best how to spend their hard-earned money.”
WTVM 9: $1.1 billion checks in refund checks heading to Georgia taxpayers
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.
Fox 5: Georgia income tax refunds: Gov. Brian Kemp signs bill amid budget surplus
Kemp on Wednesday signed the $1.1 billion refund plan into law.
The Department of Revenue said single filers receive a $250 refund, single adults with dependents receive a $375 refund and married couples receive $500.
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