State Issues

Suspension of the Data Center Tax Credit Heads to Governor Kemp

March 22, 2024

On Thursday, March 14th, the Senate passed House Bill 1192 with a 29-22 vote. HB 1192 would suspend the issuance of any new sales and use tax certificates of exemption for data center projects in the state. 

ACBR joined other members of the Data Center Coalition in opposition to this legislation because the abrupt suspension of the exemption brings into question the State's long-term commitment to its economic development program and policies, which threatens the certainty and predictability that is essential to financing large capital investments.

Furthermore, the bill undermines the competitiveness of Georgia in attracting and retaining businesses, as it sends a negative signal to companies looking to invest in the state.

It is unclear at this point if the Governor will sign the bill.


About the ARA Market Brief

The Atlanta REALTORS® (ARA Market Brief is compiled by First Multiple Listing Service (FMLS) and provides the only regionally focused synopsis of monthly sales and home prices for single-family residential properties. The Market Brief covers the following 11 counties: Cherokee, Clayton, Cobb, DeKalb, Douglas, Fayette, Forsyth, Fulton, Gwinnett, Paulding, and Rockdale.

The data in this report was compiled by First Multiple Listing Service (FMLS). For more information on details of this month's report, please contact the Association at 404.250.0051.

*Each month, the numbers reported for the previous month are updated to reflect additional recordings.

About the Atlanta REALTORS® Association

The Atlanta REALTORS® Association (ARA) has been an instrumental factor in the growth of real estate in the state of Georgia for more than a century. With over 14,000 members, Atlanta is the largest association in Georgia and is considered to be one of the strongest and most successful REALTOR® organizations in the nation. ARA serves as a central source of information for its members, mainly focusing on real estate education, the promotion of professionalism in the industry, and representing REALTORS® members with legislative initiatives to create positive change for the real estate community.

About First Multiple Listing Service

First Multiple Listing Service (FMLS) is the premier data services provider for real estate professionals in Georgia. FMLS was founded in 1957 by a group of Brokers who wanted to share their listings and connect buyers and sellers.  Today FMLS is the largest MLS in Georgia & the 4th largest MLS in the United States, serving nearly 54,000 real estate Agents & Brokers.  For additional information or to start a discussion about how to partner with FMLS please contact

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