The Georgia House on Thursday approved money for a $1 billion property tax break and $1 billion income tax break as part of a plan to amend this year’s budget to spend another $2.4 billion in projected revenue.
The Republican-controlled House voted 170-1 on Thursday to approve House Bill 18, sending it to the Senate for more debate.
Gov. Brian Kemp now calls for spending $32.6 billion in state tax money in the budget ending June 30, up 7.3% from what the Republican originally projected last year. Including federal and other money, total spending would rise to $61.6 billion.
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