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HB616Introduced in the House

Income tax; depreciation for single-family residential rental property; revise a deduction

IntroducedHouse Ways and Means

Introduced by Ruwa Romman, District 97

What does this bill do?

Plain-English breakdown

Writing a plain-English summary of this bill… this can take a few seconds the first time.

Official description

A BILL to be entitled an Act to amend Chapter 7 of Title 48 of the Official Code of Georgia Annotated, relating to income taxes, so as to revise a deduction related to depreciation for single-family residential rental property; to provide for related matters; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.

Where it stands

House Second Readers

February 27, 2025

How did lawmakers vote?

No recorded vote is available for this bill yet.

Bill history

  1. House Hopper

  2. House First Readers

  3. House Second Readers

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