Gov. Brian Kemp last week signed the amended FY 2024-25 budget that passed the General Assembly a couple of weeks ago. Once again, we designated $2.72 billion in surplus revenue toward several items, including a tax refund to all taxpayers, as well as a lowered income tax rate from 5.39% to 5.19%. The Senate’s end goal is to lower it in the near term to 4.99%.
Sen. Ben Watson: Taxpayers can expect a state refund