The Georgia General Assembly passed several significant tax bills during the 2026 legislative session, although the extent of income and property tax changes that were ultimately adopted was short of the groundbreaking tax reform originally proposed. The General Assembly spent significant time debating and amending various bills related to substantially decreasing the personal income tax and reducing or eliminating property taxes for homestead property. Ultimately, in addition to the other provisions discussed in our alert, the General Assembly passed legislation that would accelerate the multiyear planned reduction of the state income tax rate and would cap the growth of assessments of homestead property and allow localities to adopt a penny sales tax to provide additional homestead property tax relief (LHOST). Furthermore, while much attention was given during the session to the taxation of data centers and related high-technology companies and their use of energy, no such legislation received final passage.

The 2026 Georgia legislative session ended on April 3, 2026. Both chambers of the General Assembly passed several bills that now get transmitted to the governor (unless otherwise noted where the governor has already signed). Within 40 days (May 13), the governor can sign or veto the legislation. If the governor does not take any action, the bills that passed both chambers become law at the end of the 40-day period.

Read the full legal alert here.