A seven-year campaign to establish a tax incentive for Georgia’s music industry is coming closer to reality. The House of Representatives (157-11) and state Senate (46-7) voted last night (March 30) in favor of the Georgia Music Investment Act (House Bill 155), which is aimed at creating more than 10,000 new job opportunities and boosting the state’s overall economy. The pending legislation — the first targeted tax incentive for music in Georgia — now awaits Gov. Nathan Deal’s review and signature.
The Music Business Association supports HB-155. Click here to read more about the development.