ATLANTA, Ga. (WGXA)--At the Georgia Chamber's annual "Eggs and Issues" breakfast, Governor Brian Kemp announced his biggest plans for this year’s budget; it could mean more money in your pocket.
Kemp took the stage before his State of the State Address to say he wants to put more cash in Georgia's pockets.
The annual "Eggs and Issues" meeting is meant as a preview of the legislative session. This year, Kemp has big dreams for the 2022 state budget.
The highest goal is an income tax refund for all Georgians.
“As governor, I believe we should continue to fund our priorities. Like education, healthcare, and public safety. But also be good stewards of that taxpayer money. Last fiscal year, because we kept Georgia open and fought alongside you in this room to keep communities and businesses afloat, the state collected a record budget surplus. I believe that when the government takes more money than it needs, state surplus funds should be sent back to the hardworking men and women who keep our state moving. Because I believe that’s your money, not the government’s," said Kemp.
He says he would like all taxpayers to receive a $250 refund on this year’s return. Couples filing jointly would receive $500.
Also in his new budget, senior veterans would no longer have to pay taxes on their retirement income.
“...and from the men and women who put the uniform on daily and stand in the gap to keep Georgians safe at home and abroad. These men and women deserve more than our words of appreciation, even though we have many to give. They deserve action that shows our gratitude.”
He says these big moves are possible with the $2.2 billion surplus the state built up over the last year. Take a look at the 364-page annual budget report here.
Kemp also says he wants to put more money into the HOPE scholarship, with a goal to cover 90 percent of tuition for each recipient.
“If Georgia is to remain the top state for business, it is critical that we make every effort to make higher education affordable for students across the state and ensure the American dream can be a reality for all Georgians.”
Hosted by the Georgia Chamber of Commerce, the event drew hundreds of business leaders from around metro Atlanta, who paid upwards of $100 a ticket to rub elbows with Kemp, the General Assembly, Lieutenant Governor, House Speaker, and a U.S. Senator, Raphael Warnock.
Though Kemp has made his announcements, there’s no guarantee they’ll actually happen.
His 2022 budget must first be approved by the house and senate. He'll address the general assembly directly in his State of the State Address on January 13.