Governor Kemp comments on the tax credit during a trip to Savannah

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SAVANNAH, Ga. (WTOC) — Earlier this week, the office of Georgia Governor Brian Kemp announced that a pot of more than $1 billion in taxpayer dollars would be returned to Georgians in a one-time payment.

Legislation Governor Kemp recently signed states that eligible taxpayers will be those who filed in 2020 and 2021.

The governor spoke about the legislation Friday in Savannah, explaining how the tax credit is possible and when Georgians can expect to see the payment.

Following an event in Savannah on Friday, Governor Kemp answered a few questions, including the recent signing of the bill that gave the tax credit the green light and his decision to suspend the tax. State on gasoline.

The governor attributed the more than $1 billion surplus in taxpayer money to state decisions during the pandemic, a strong economy and conservative budgeting by state lawmakers.

“It’s one-time money. I think it’s better when we have more than we need to send it back to those who sent it to us, the taxpayers. That’s what we’re doing with over $1 billion in refunds that will be in Georgians’ bank accounts within weeks. It also allowed us to make the two-month moratorium on collecting gas tax at the pump,” Governor Kemp said.

The one-time tax refund is expected to roll out in 6 to 8 weeks, according to the governor’s office.

This automatic credit will come from the Georgia Department of Revenue.

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