Senate Bill 206 , introduced by Sen. Greg Goggans, proposes tax expenditure reviews as a part of the Governor’s annual state budget report. What this means is that all state tax deductions, tax allowances, tax exclusions, tax credits, preferential tax rates, and tax exemptions would become public information. Such readily-available tax information would be an advantage, not only to the citizens of Georgia, but also to lawmakers, who are often unaware of the real costs of exemptions and credits given the complexity of the Georgia tax code. The increased transparency and accountability that would come from knowing the cost breakdown of such tax allowances is of great importance in these lean times facing our state, and will be particularly valuable in discussions of the FY2011 budget.
SB 206 was easily approved by the House Appropriations Committee on March 23, and is now in the House Rules Committee. Legislators in the Rules Committee need to hear from you to make sure SB 206 makes it onto the House floor for a vote!
Please ACT NOW on Senate Bill 206 and do two things:
- Contact Rules Committee Chair Bill Hembree / (404) 656-5141 and ask him to pass SB206 out of Rules.
- Contact Speaker Ralston/ (404) 656-5020 and tell him that you support SB 206.
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