House approves Georgia adoption tax credit increase
(The Center Square) â The Georgia House approved a bill Monday that would increase foster care adoption tax credits in the state. House Bill 114 increases the annual tax incentive for adopting a foster child from $2,000 to $6,000. Proponents of the bill, including Gov. Brian Kemp, hope the legislation encourages more Georgians to adopt foster children. The bill cleared the House, 158-0, without debate. Officials estimate the measure could result in a state revenue loss of $4.8 million over the next five years. According to a fiscal note from the Department of Audits and Accounts,...