The Georgia House is considering whether to remove the limit on tax credits that businesses receive for their research and development efforts.

House Bill 412 would lift a restriction that the credit for any year cannot exceed more than half of the firm’s income tax liability after all other credits are considered. It still allows the credit to continue for up to 10 years after the investment is made.

The proposal is now before the House Ways and Means Committee.

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U.S. Rep. Marjorie Taylor Greene, R-Rome, is interviewed during a live-to-tape recording of the Politically Georgia podcast at the Martin Luther King Jr. Memorial Library in Washington, D.C., on Feb. 6, 2025. (Nathan Posner for The Atlanta Journal-Constitution)

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Tracy Woodard from InTown Cares (left) and Lauren Hopper from Mercy Care organization work with residents at the Copperton Street encampment in August 2024. 
(Miguel Martinez / AJC)

Credit: Miguel Martinez