Story perspectives

Georgia Lawmakers Approve $38.5 Billion Budget, DREAMS Scholarship Fund

4/6/2026

Summary

Story summary

Georgia lawmakers concluded the 2026 session on April 3, 2026, approving a $38.5 billion budget for 2027.
The budget funds literacy coaches and reduces the personal income tax rate to 3.99% by 2028.
Lawmakers did not resolve the QR code ballot issue, prompting calls for a special session on election policy.
The DREAMS Scholarship passed, directing $25 million to students and creating a $300 million endowment.
Georgia Governor Brian Kemp has until May 12 to sign or veto the bills.

History

Historical Context

Since the 2003 Rose Revolution, Georgia has implemented extensive economic reforms, leading to significant growth and foreign investment. Governor Nathan Deal's 2016 budget of $24 billion prioritized education and tax reform, while the 2026 budget of $38.5 billion reflects a 60% increase, including a reduced personal income tax rate of 3.99%. Ongoing debates about election integrity, highlighted by the QR code ballot issue, may pose future legislative challenges.

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Story summary

Georgia lawmakers concluded the 2026 session on April 3, 2026, approving a $38.5 billion budget for 2027.
The budget funds literacy coaches and reduces the personal income tax rate to 3.99% by 2028.
Lawmakers did not resolve the QR code ballot issue, prompting calls for a special session on election policy.
The DREAMS Scholarship passed, directing $25 million to students and creating a $300 million endowment.
Georgia Governor Brian Kemp has until May 12 to sign or veto the bills.

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