Kemp announces another $1B tax rebate

For the second time in three years, Gov. Brian Kemp is giving Georgians a tax rebate worth more than $1 billion.

Kemp said Tuesday he will include the rebate in the mid-year budget he introduces to the General Assembly in January. He said the extra money would be helpful, particularly for Georgians who suffered losses from Hurricane Helene.

Under the new tax rebate, single tax filers will receive $250. A single filer who heads his or her household will get $375, and married couples filing jointly will receive $500.

Kemp said the state can afford the rebate because conservative budgeting has helped it build up a huge budget surplus. He said he'd rather have the money returned to taxpayers.