GCI is in its Quiet Phase – in other words, either they are writing their report due 12/31 or they decided to take the holidays off!

No, hopefully they are putting the finishing touches on the report this week and we should all see something in early January.  After that, it goes to our policy makers to be converted into legislation.  That’s what they call making sausage!  

Here’s what we think they want to do -

1. Make targeted changes to tax policy, but no wholesale tax reformin this election year
2. Maintain statutory incentive tax credits, but make some of them more effective for economic development and job creation
3. Add State discretionary incentives to help close economic development deals for Georgia

Earlier this month, I attended the State Legislature’s “Special Joint Committee on Georgia Revenue Structure” hearing at the Capitol.  Called at the last minute, only about half of the members attended, so nothing got done, at least on the surface!

We will keep you updated throughout the 2012 Session!