Created: Mon, 24 Feb 2014 04:14:39 EST
Updated: Mon, 24 Feb 2014 04:14:39 EST
ATLANTA (AP) — The Georgia state Senate has approved a resolution to cap the state's income tax at its current rate.
Georgia senators voted 42-11 Monday to prohibit the General Assembly from increasing the state's income tax above its current rate.
The legislation is sponsored by Senate President Pro Tempore David Shafer, a Duluth Republican. The resolution would also div state lawmakers from imposing any new state income taxes.
Shafer told the Atlanta Journal-Constitution (http://bit.ly/1k5nxIv ) that he'd like to see the state income tax reduced to keep Georgia competitive with neighboring states.
Senate Resolution 415 must pass the House before being presented to voters for a statewide ballot referendum.