Georgia § 48-7-29 [Repealed and Reserved Effective 12/31/2029] Tax credits for rural physicians

Georgia Statutes

§ 48-7-29 — [Repealed and Reserved Effective 12/31/2029] Tax credits for rural physicians

Georgia § 48-7-29

Title48

This text of Georgia § 48-7-29 ([Repealed and Reserved Effective 12/31/2029] Tax credits for rural physicians) is published on Counsel Stack Legal Research, covering Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

O.C.G.A. § 48-7-29 (2026).

Text

(a)As used in this Code section, the term:

(1)"Rural county" means a county in this state that has a population of less than 50,000 according to the United States decennial census of 2020 or any future such census; provided, however, that for counties which contain a military base or installation, the military personnel and their dependents living in such county shall be excluded from the total population of such county for purposes of this definition.

(2)"Rural hospital" means an acute-care hospital located in a rural county that contains fewer than 100 beds.

(3)"Rural physician" means a physician licensed to practice medicine in this state, who practices in a rural county and resides in a rural county or a county contiguous to the rural county in which such physician practices and pr

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(a) As used in this Code section, the term: (1) "Rural county" means a county in this state that has a population of less than 50,000 according to the United States decennial census of 2020 or any future such census; provided, however, that for counties which contain a military base or installation, the military personnel and their dependents living in such county shall be excluded from the total population of such county for purposes of this definition. (2) "Rural hospital" means an acute-care hospital located in a rural county that contains fewer than 100 beds. (3) "Rural physician" means a physician licensed to practice medicine in this state, who practices in a rural county and resides in a rural county or a county contiguous to the rural county in which such physician practices and primarily admits patients to a rural hospital and practices in the fields of family practice, obstetrics and gynecology, pediatrics, internal medicine, or general surgery. (b) (1) A person qualifying as a rural physician on or before May 15, 2024, shall be allowed a credit against the tax imposed by Code Section 48-7-20 in an amount not to exceed $5,000.00. The tax credit may be claimed for not more than five years, provided that the physician continues to qualify as a rural physician. In no event shall the amount of the tax credit exceed the taxpayer's income tax liability, and any unused tax credit shall not be allowed to be carried forward to apply to the taxpayer's succeeding years' tax liability. No such tax credit shall be allowed the taxpayer against prior years' tax liability. (2) No physician who on July 1, 1995, is currently practicing in a rural county shall be eligible to receive the credit provided for in paragraph (1) of this subsection. No credit shall be allowed for a physician who has previously practiced in a rural county, unless, after July 1, 1995, that physician returns to practice in a rural county after having practiced in a nonrural county for at least three years. (c) The commissioner shall promulgate any rules and regulations necessary to implement and administer this Code section. (d) This Code section shall stand repealed and reserved on December 31, 2029.

Legislative History

Amended by 2024 Ga. Laws 386,§ 1, eff. 5/15/2024, app. to taxable years beginning on or after 1/1/2024. Amended by 2002 Ga. Laws 991, § 1, eff. 1/1/2003