Skip to content

General Assembly Passes Income Tax Refund

General Assembly Passes Income Tax Refund

March 15, 2023 Last Edit: June 5, 2025

The paybacks will range from $250 to $500

General Assembly Passes Income Tax Refund

On Tuesday, the state Senate voted 46-7 to pass House Bill 161, a measure giving income tax refunds to Georgians for the second year in a row. The measure would refund up to $250 to single filers, $375 to single adults who head a household with dependents, and $500 to married couples filing jointly. It would be paid only to people who filed state tax returns for 2021 and 2022, and no one could receive more than they paid in state income taxes in 2021. People who didn’t owe state income taxes are ineligible for refunds. “This is good for Georgia’s small business community because most small businesses are organized as pass-through entities, meaning any profit passes through the business directly to the owner, who pays taxes at the individual tax rate,” NFIB State Director Hunter Loggins said. “The most anyone could receive is $500, but given the toll that inflation has taken on Main Street businesses, every penny helps.”
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

Small Business Owner Calculates Taxes Finance Expensive Inventory Inflation Cost
January 13, 2026
NFIB Supports Legislation to Help Amend Indiana Tax Code
Senate Bill 259 addresses an unknown tax requirement
Read More
Arizona State House and Capitol Building in Phoenix AZ
January 12, 2026
NFIB Urges Legislature to Reject Governor Hobbs’ Tax Conformi…
“In turning a blind eye to Arizona’s small business owners, the Governor’s…
Read More
January 8, 2026
NFIB Commends New Hampshire House’s Tax Vote
House passage of HB 155 continues a decade of bipartisan reform aimed at im…
Read More
Vermont State House Montpelier Vermont
January 7, 2026
NFIB Commends Gov. Scott’s Urgent Call for Property Tax…
“Main Street is struggling under the weight of high business taxes, high pr…
Read More

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