Discover How to Receive a $500 Stimulus Check and Tax Relief in Georgia as the Governor Pushes For It
As we entered the new year, Georgia’s Governor, Brian Kemp, undertook a careful evaluation of the state’s budget and offered his strategic suggestions on its allocation. Two of these proposals could significantly impact the citizens of Georgia by providing targeted stimulus checks under certain eligibility conditions.
One of Governor Kemp’s major proposals involves a $1 billion refund on state income tax. The goal of this proposed refund is to deliver a share of this massive fund to every taxpayer within the state, mitigating the adverse effects of the national inflation crisis. Individual taxpayers stand to receive a sum of $250, while joint filers could benefit from a $500 windfall.
This is not the first time Governor Kemp has championed such measures. In fact, he pushed for similar stimulus checks in the preceding year. These were subsequently passed in March 2022 under the umbrella of House Bill 1302. This year, the Governor, along with supportive legislators, is keen to see the bill renewed in the current legislative session for 2022-2023, once again boosting the finances of Georgia’s taxpayers.
However, the Governor’s plans to bolster the state’s economy extend beyond these stimulus checks.
Kemp has additionally suggested a unique, one-off Homeowner Tax Relief Program with a substantial budget of $1.1 billion. Eligible homeowners stand to benefit from an average property tax relief of $500 under this program, offering an additional financial cushion amid these challenging times.
These proposals were formally presented to the General Assembly on January 13. According to the official calendar of Georgia’s General Assembly, the state’s leaders are convening under the Golden Dome in Atlanta today. As the Senate passed the preceding bill around this time last year, it is reasonable to anticipate a decision on Governor Kemp’s current recommendations in the near future. The people of Georgia eagerly await the verdict, hoping for the approval of these financial relief measures.
