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SB 520

State Income Tax Rates; revise; Code Section 20-2A-4; repeal and reserve

2025-2026 Regular Session Introduced by Tonya Anderson and 19 co-sponsors

Georgia bill SB 520 revises state income tax rates under Code Section 20-2A-4, with financial and budgetary implications pending committee review.

Senate Read and Referred
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WeVote Research Nonpartisan
Bill Summary · SB 520

Legislative bill overview

SB 520 proposes to revise Georgia's state income tax rates by amending Code Section 20-2A-4 and repealing certain provisions. The bill was introduced in February 2026 but has not yet advanced beyond initial referral to committee, so specific tax rate changes are not yet detailed in available records.

Why is this important

Income tax rate changes directly affect state revenue collection and taxpayer obligations across all Georgia residents and businesses. Such modifications can influence economic competitiveness, cost of living, and the state's ability to fund education, infrastructure, and public services.

Potential points of contention

  • Revenue impact: Whether rate changes increase or decrease state revenue, affecting budget allocations for state programs
  • Equity concerns: How rate modifications affect different income brackets and whether changes are regressive or progressive
  • Economic effects: Potential impacts on business attraction/retention and individual financial planning in Georgia

Compiled from official sources — confirm details with the bill’s official record.

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