The Job Tax Credit Program, as defined in O.C.G.A. § 48-7-40.1, provides additional benefits to specified census tracts or additionally designated areas which are considered to be less developed or have a higher rate of poverty. The military zone designation was added in the 2004 Legislative Session through the passage of House Bill 984. This amendment provides for census tracts which are located adjacent to a military base and have pervasive poverty of at least a 15 percent poverty rate, as reflected in the most recent decennial census, to receive the highest benefit level allowed under the Job Tax Credit Program. It also provides for the credit to be available to any business of any nature, as long as all other program requirements are met. An amendment was made in the 2008 Legislative Session to provide for the job creation threshold to be reduced from 5 jobs to 2 jobs.
Military Zone Tax Credit Incentives
- the maximum Job Tax Credit allowed under law - $3,500 per job created
- lowest job creation threshold - 2 jobs
- use of Job Tax Credits against 100 percent of income tax liability and withholding taxes
- allows credit to be claimed by any business of any nature (not limited to the industries in the Business Enterprise definition
Census tracts which are no longer eligible, but had been previously designated, are highlighted in the table below. Businesses within these census tracts, which may be affected by the loss of the Military Zone designation, will benefit by filing a Notice of Intent (see Forms Section) by March 31 of the year of change to preserve existing benefits for an additional three (3) years. A complete list of census tracts eligible for the Military Zone designation is included in the Fact Sheet section.
To determine the designation area for an address location, go to the Interactive Map, including designated LDCT and Military Zones. Click on the layers for the LDCT and Military Zones to have these layers shown on the map.