Published on: Feb. 22, 2022
Legislative Update: House Bill 1064 Calls for Tax Exemptions for Military Retirement Income

Last week, the Georgia General Assembly convened on Monday, February 14, 2022, for legislative day 16 and was in session on Tuesday and Thursday of that week. Wednesday, February 16, served as a committee workday. This week, the Georgia General Assembly reconvened on Tuesday and will conduct a session on Thursday, with Wednesday, February 23 serving as a committee workday.

House Bill 1064 (sponsored by State Representative Jesse Petrea) unanimously passed out of the House Ways and Means Committee and will now move to the House Rules Committee for consideration. This legislation will exempt up to $17,500 in military retirement income from state income tax for those under 62 in Georgia. If they work and earn up to $17,500, they can exempt another $17,500 from state income tax for a total of $35,000. This issue has been a priority for the Savannah Area Chamber for several years, it has broad support in the House, and we look forward to the bill’s passage.

Last week, Governor Brian P. Kemp announced the appointment of The Honorable Andrew Pinson to fill the vacancy on the Supreme Court of Georgia created by the retirement of The Honorable David E. Nahmias. Pinson was appointed by Governor Brian P. Kemp to the Court of Appeals of Georgia and sworn in on August 30, 2021. Before that, he served as Solicitor General in the Office of the Attorney General. Also, last week, Governor Kemp announced to the Georgia Board of Regents that former Governor Sonny Perdue was the sole finalist for the position of Chancellor in a unanimous vote.

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