Making use of surplus tax in Georgia, Kemp proposed a $500 Refund Check and Property Tax break for its residents.
Gov. Kemp made use of the surplus tax from Georgia’s budget surplus to provide residents the second round of tax refund checks. (Photo: 11Alive)
Kemp Released a $500 Refund Checks And Property Tax Break in Georgia
The proposal has been one of the key factors that made him win the election against Stacey Abrams. Gov. Kemp made use of the surplus tax from Georgia’s budget surplus to provide residents the second round of tax refund checks. This restored the property tax break that was not activated since 2008 by the state legislature.
This would not have been possible if Kemp lost the election. Stacey Abrams offered a mirror proposal as those recipients have been coming regardless of who wins. With his win, the proposal had been cemented and made possible as he started his second term as governor of Georgia.
The tax refund checks were the same as the ones they issued earlier in 2022. Both Abrams and Kemp did propose copying the system of the rebate checks that Georgians received last year.
Gov. Kemp made use of the surplus tax from Georgia’s budget surplus to provide residents the second round of tax refund checks. (Photo: 11Alive)
Kemp’s Victory Made it Possible to Release the $500 Refund Checks And Property Tax Break
Those tax refund checks wouldn’t come till this year and it is either Kemp or Abrams who would need the checks that should be approved first by the state legislature says 11Alive.
It was uncertain what the exact eligibility was back in 2022 as the checks earlier last year were only for Georgia taxpayers who filed their tax returns in 2020 and 2021. That would provide for about $500 savings to those homeowners on average but the specific amount would vary.
Abrams did disagree with the property tax break, the rebate checks that whoever was the winner of the 2022 governor’s race has been endorsed using some of the surpluses last year for direct cash payments. Abrams saw the property tax break as paying off the property taxes of those mansion owners and millionaires.
READ ALSO: Gov. Kemp And Georgia Lawmakers To Decide Of $6.6 Billion Surplus Cash
