State Issues
Legislative Panel to Review Georgia’s Tax Breaks
May 11, 2023
In late April, the Chairmen of the State House and State Senate tax writing committees announced the appointment of a panel that will review the special-interest tax breaks the state employs to spur economic development. The panel is expected to meet this summer and fall and will be led by Lt. Gov. Burt Jones and House Speaker Jon Burns.
The Chairmen announced their picks for the review, which will take place between the 2023 and 2024 sessions of the General Assembly. Gov. Brian Kemp’s budget team will also be involved in the review. It is anticipated that the panel will have recommendations available to present to the legislature before the January 2024 session begins.
Jones appointed Senate Finance Committee Chairman Chuck Hufstetler, R-Rome, Republican Sens. John Albers of Roswell, Greg Dolezal of Cumming and Bill Cowsert of Athens, and Democratic Sen. Michael “Doc” Rhett of Marietta.
Burns appointed House Ways and Means Committee Chairman Shaw Blackmon, R-Bonaire, Democratic Rep. Debbie Buckner of Junction City, and Republican Reps. Kasey Carpenter of Dalton, Chuck Martin of Alpharetta, and Bruce Williamson of Monroe. House Appropriations Chairman Matt Hatchett, R-Dublin, will serve as an ex-officio member.
About the ARA Market Brief
The Atlanta REALTORS® (ARA Market Brief is compiled by First Multiple Listing Service (FMLS) and provides the only regionally focused synopsis of monthly sales and home prices for single-family residential properties. The Market Brief covers the following 11 counties: Cherokee, Clayton, Cobb, DeKalb, Douglas, Fayette, Forsyth, Fulton, Gwinnett, Paulding, and Rockdale.
The data in this report was compiled by First Multiple Listing Service (FMLS). For more information on details of this month's report, please contact the Association at 404.250.0051.
*Each month, the numbers reported for the previous month are updated to reflect additional recordings.
About the Atlanta REALTORS® Association
The Atlanta REALTORS® Association (ARA) has been an instrumental factor in the growth of real estate in the state of Georgia for more than a century. With over 14,000 members, Atlanta is the largest association in Georgia and is considered to be one of the strongest and most successful REALTOR® organizations in the nation. ARA serves as a central source of information for its members, mainly focusing on real estate education, the promotion of professionalism in the industry, and representing REALTORS® members with legislative initiatives to create positive change for the real estate community.
About First Multiple Listing Service
First Multiple Listing Service (FMLS) is the premier data services provider for real estate professionals in Georgia. FMLS was founded in 1957 by a group of Brokers who wanted to share their listings and connect buyers and sellers. Today FMLS is the largest MLS in Georgia & the 4th largest MLS in the United States, serving nearly 54,000 real estate Agents & Brokers. For additional information or to start a discussion about how to partner with FMLS please contact join@fmls.com.