STATE:

Why NFIB

Take Action

Get Support

Stay Informed

Podcast Podcast

Careers Careers

Join Now

Home / News /

Historic Tax Cuts Now in Effect

July 12, 2024 Last Edit: June 5, 2025

The measure will accelerate the largest income tax cut in Georgia's history

Historic Tax Cuts Now in Effect

In a post on X (formerly known as Twitter), Gov. Brian Kemp noted that the July 1 start of Georgia’s 2024-25 fiscal year means several important bills are now in effect.

Today begins a new Fiscal Year in Georgia, and thanks to our partnership with the General Assembly, hardworking Georgians will begin to see further tax relief, pay raises for law enforcement and teachers, and other benefits as several new laws go into effect.
— Governor Brian P. Kemp (@GovKemp) July 1, 2024

They include House Bill 1015, which was one of NFIB’s top priorities in this year’s session of the General Assembly. The measure will accelerate the largest income tax cut in Georgia’s history. “This is going to have a big impact on small businesses,” NFIB State Director Hunter Loggins said. “Inflation continues to drive up the cost of doing business, but HB 1015 will allow owners to keep more of the money they bring in, allowing them to hold prices down, grow their businesses, and hire more workers.” Other provisions include: ? HB 1023, which lowers the corporate income tax rate to match the individual income tax rate, furthering our state’s commitment to promoting opportunity and good-paying jobs in every part of the state. ? HB 984, which creates the Georgia High Demand Career List to help educators and workforce developers better equip those entering the job market with skills needed for success.

Topics:

Taxes

State:

Georgia

Get to know NFIB

NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.

Learn More

In Front of the Massachusetts State House in Boston

July 23, 2026

An Economic Development Bill Should Help Massachusetts Small Businesses, Not Hurt Them

How does adding new hurdles to a law that refunds taxpayers more of their hard-earned money make Massachusetts more affordable or competitive?

Golden-domed government building under a clear blue sky, framed by trees with a Martin Luther King Jr Dr street sign nearby.

July 23, 2026

116 Georgia Lawmakers Achieve 100% NFIB Voting Records

The results show lawmakers listen to the voice of small business.

Open office scene with two workers at desks and large computer monitors, a man stands by a kitchen railing in the background.

July 15, 2026

State Policies Impacting Small Businesses

States considered small business measures during the 2026 legislative sessions, including taxes, minimum wage, extreme heat standards, IRC conformity, and tort…

July 14, 2026

NFIB Joins Lawsuit Filed Today in the Oregon Tax Court

“The Legislature cannot circumvent a constitutional requirement”

Historic Tax Cuts Now in Effect

Related Articles