Revenue commissioner outlines $19M systems upgrade and prepares for potential surplus refunds Commissioner Frank O'Connell told the subcommittee the Department of Revenue seeks $6.5M for DRIVES and $12.5M for ITS core-26 upgrades (about $19M total) to modernize systems and better protect taxpayer data, and warned surplus tax refunds are contingent on passage of House Bill 1,000 and will require substantial operational work.

Georgia's revenue commissioner reveals a $19 million plan to modernize tax systems and strengthen cybersecurity, all while preparing for potential surplus tax refunds!

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State economist says revenue growth is slowing; capital gains volatility complicates outlook Georgia's state economist told appropriators that revenue growth has slowed: withholding and sales gains have moderated, corporate tax receipts have declined, and capital gains remain volatile — factors that make the effect of proposed rate cuts smaller in FY26 and push larger impacts into FY27.

Georgia's state economist warns that slowing revenue growth and the volatility of capital gains could complicate lawmakers' decisions on tax cuts and appropriations.

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#GA #FiscalPolicy #TaxationIssues #GeorgiaRevenue #CitizenPortal #EconomicOutlook