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On August 23, 2025, Georgia Governor Katherine Johnson signed a bill into law that will provide tax breaks for small businesses across the state. The new legislation, known as the Small Business Tax Relief Act, aims to stimulate economic growth and support local entrepreneurs who have been adversely affected by the COVID-19 pandemic.Under the new law, small businesses in Georgia will be eligible for a variety of tax breaks and incentives, including a reduction in the state income tax rate for qualifying businesses with an annual gross revenue of $1 million or less. In addition, small businesses will also be able to receive tax credits for hiring new employees and investing in new equipment or technology.Governor Johnson praised the new legislation, stating that it will help small businesses recover and thrive in the post-pandemic economy. She emphasized the importance of supporting local entrepreneurs and job creators, noting that small businesses are the backbone of Georgia's economy.The Small Business Tax Relief Act was met with bipartisan support in the Georgia General Assembly, where it passed with overwhelming majority. Lawmakers hailed the bill as a crucial step in revitalizing the state's economy and helping small businesses bounce back from the impact of the pandemic.Small business owners across Georgia have welcomed the news of the new tax breaks, expressing gratitude for the support from the state government. Many small business owners have struggled to stay afloat during the pandemic, facing challenges such as supply chain disruptions, labor shortages, and reduced consumer spending.Overall, the Small Business Tax Relief Act represents a significant victory for small businesses in Georgia, providing much-needed financial relief and support during a challenging time. Governor Johnson emphasized that the state will continue to prioritize economic recovery and growth, with a focus on empowering small businesses to succeed and thrive in the years to come.