JOBS Act Passes State Senate

March 25, 2009

ATLANTA (Mar. 25, 2009) – The Georgia State Senate today passed the Jobs, Opportunity, and Business Success Act of 2009 (JOBS) with overwhelming support. President Pro Tempore Tommie Williams (R-Lyons) strongly supported the economic growth plan and released the following statement.

“Recognizing these challenging economic times for Georgia families and businesses, the leaders of the Georgia General Assembly have come together and passed a single legislative package that creates an environment that encourages the creation of jobs through the removal of government imposed barriers and provides incentives for job creation by independent businesses,” said Williams. “We’ve created a true stimulus package at no cost to taxpayers, but does get them back to work and growing their businesses.”

House Bill 481 and 482 comprise the JOBS Act with HB 481 providing a new business filing fee holiday, a $500 credit towards the unemployment insurance tax for each eligible employee hired, a $2,400 income tax credit for each eligible employee hired, and the elimination of the sales tax deposit. HB 482 would eliminate the state inventory tax on all Georgia businesses.

Williams also praised the Act as the most pro-business legislation the General Assembly has ever considered and believes its focus on protecting the small business will be the key to bringing Georgia through the current recession.

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Sen. Tommie Williams serves as President Pro Tempore. He represents the 19th Senate District, which includes Appling, Jeff Davis, Long, Montgomery, Toombs, Wayne, and Wheeler counties and a portion of Liberty and Tattnall counties. He can be reached at 404.656.0089 or by email at tommie.williams@senate.ga.gov.