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Committee Reports House Small Business Development Incentives and Education Workforce Subcommittee Subcommittee Chairman Dale Washburn (R-Macon) called up one bill, HB 611, authored by Representative Mike Cheokas (R-Americus). HB 611 seeks to provide a new definition in O.C.G.A. 50-5-121(3) for the term, ‘small business.’ This legislation was brought to the General Assembly by Scott Hilton with the Georgia First Commission. The new definition creates three tiers: Tier 1 - 10 or fewer employees or $1 million or less in gross receipts per year; Tier 2 - 100 or fewer employees or $10 million or less in gross receipts per year; and Tier 3 - 300 or fewer employees or $30 million or less in gross receipts per year.

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