Skip to content

Senate Weighs Bill to Eliminate Onerous Business Tax

Senate Weighs Bill to Eliminate Onerous Business Tax

March 20, 2024 Last Edit: July 22, 2024

NFIB has long fought to reduce or eliminate Georgia's tax tangible personal property.

The state Senate could vote as early as Thursday on House Bill 808, legislation raising the exemption threshold of Georgia’s tangible personal property tax from $7,500 to $20,000. The measure needs the support of two-thirds of the Senate to pass.

NFIB State Director Hunter Loggins said the onerous tax applies to everyday items such as machinery, equipment, and furniture used in your business.

“Small business owners already pay sale taxes on equipment, desks, and other property,” Loggins said. “The tangible personal property tax means they’re paying taxes on the same items year after year after year. That’s not fair.”

Get to know NFIB

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

Receive our newsletter and email notification
Knowledge is power. Let us help you stay informed with breaking legislative news, regulatory updates, business tips, and more.

Related Articles

March 30, 2026
Fight Against State Income Tax Shifts to Lawsuit, Ballot Initiative
Governor’s signing of Senate Bill 6346 is not the end of the story
Read More
Hand pressing Take Action
March 30, 2026
TAKE ACTION: Stop a 2026 Minnesota Tax Hike
Tell Minnesota lawmakers to extend the Pass-Through Entity Tax (PTET) provision
Read More
March 30, 2026
Comment on the Signing of Millionaire Tax into Law
“Business earnings are not the same as take-home pay. Small businesses should be exempt”
Read More
Kentucky State Capitol
March 26, 2026
Passage of Tax Simplification Bill a Big Victory for KY Small Businesses
The measure had strong bipartisan support.
Read More

© 2001 - 2026 National Federation of Independent Business. All Rights Reserved. Terms and Conditions | Privacy Policy | Accessibility