Governor cuts budget after income tax bill creates $1.3 billion hole

By: Jill Nolin

Outlets: Georgia Recorder

Published: May 12, 2026

Words: 841

Last Updated: 2 months, 2 weeks ago

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An income tax cut bill that the governor signed into law Monday has caused a $1.3 billion revenue shortfall for next year’s budget, which takes effect in July.

Gov. Brian Kemp, who is term-limited and serving his final year in office, had budgeted for an income tax cut that would lower the rate from 5.19% to 4.99%, fulfilling a campaign promise to bring the rate below 5%.

But what lawmakers ultimately sent him …

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