Georgia will give up to $1 million in tax credits next year to companies that help their adult employees obtain high school diplomas.
Gov. Nathan Deal on Friday signed House Bill 63, which increases the tax credit for companies that help their workers prepare for or take the General Educational Development tests.
The new law credits employers $400 per employee who passes a basic skills education test paid for by the employer, or $1,200 per employee who gets paid for working while passing the test after taking a test preparation program sponsored by the employer.
Deal said in a statement that the new law “removes barriers to employers willing to invest in Georgia’s workforce.” Besides an overall program cap of $1 million, individual employers are limited to $100,000 a year or the amount of their income tax liability, whichever is smallest.
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