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

January 14, 2026
Optimism Index Shows Improvement, but GA Small Businesses Still…
NFIB urges General Assembly to address tax reforms and regulatory transpare…
Read More
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

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