ATLANTA (May 5, 2023) | Today, Governor Brian P. Kemp signed the FY 2024 budget and House Bill 408 into law at the Hyundai EV factory site in Ellabell, Georgia. HB 19, sponsored by the Speaker of the House, Representative Jon Burns (R – Newington), is the state budget for Fiscal Year 2024 which will begin on July 1, 2023, and end on June 30, 2024. The budget provides funding for government operations in all state departments, boards, bureaus, commissions, and institutions. HB 408, sponsored by Representative Bruce Williamson (R – Monroe), will change the applicable end date of a tax exemption for competitive projects of regional significance to December 31, 2026.
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