Update from the Capitol: Week Eight

This week in the Senate, the Crossover Day deadline was passed as we officially completed days 27, 28 and 29 of the legislative session. While there were many important pieces of legislation passed on the floor on Crossover Day, arguably the biggest piece of legislation to come before the Senate in years, House Bill 918, passed the day after. This legislation will reduce the current 6 percent top income tax rate in Georgia to 5.75 percent in 2019 and 5.5 percent in 2020. It will also double the standard deduction from $3,000 to $6,000.

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