Tax Break Tracker Individual Entry
Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.
State:
Georgia
Reporting Jurisdiction:
Georgia
Jurisdiction type
:
State
:
Fiscal year ending In:
2019
Program name:
Mega Project Tax Credit
Program purpose:
Job creation
:
Statutory authority:
Official Code of Georgia 48-7-40.24
:
Abating jurisdiction(s):
State of Georgia
:
Applicable taxes:
(not specified)
Method of abatement:
Tax credit
:
Provisions for recapture:
There are various recapture provisions such as forfeiting the right to the claim or a percentage of the credit, with allowances for relief from recapture based on certain major events
:
Gross revenue loss:
not reported
:
Reimbursement / offset:
not reported
:
Net revenue loss:
not reported
:
Type of loss:
Active
:
Additional notes on dislosure:
The state is legally prohibited from providing amounts abated for confidentiality reasons
