Bill Text: GA HB1065 | 2009-2010 | Regular Session | Introduced
Bill Title: Sales and use tax; amount of tax exemptions; temporary reduction
Spectrum: Partisan Bill (Democrat 5-0)
Status: (Introduced - Dead) 2010-02-04 - House Second Readers [HB1065 Detail]
Download: Georgia-2009-HB1065-Introduced.html
10 LC
18 8808
House
Bill 1065
By:
Representatives Fludd of the
66th,
Buckner of the
130th,
Thomas of the
100th,
McKillip of the
115th,
and Benfield of the
85th
A
BILL TO BE ENTITLED
AN ACT
AN ACT
To
amend Part 1 of Article 1 of Chapter 8 of Title 48 of the Official Code of
Georgia Annotated, relating to general provisions regarding state sales and use
taxes, so as to provide a temporary reduction in the amount of certain sales and
use tax exemptions; to provide for an effective date; to repeal conflicting
laws; and for other purposes.
BE
IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:
SECTION
1.
Part
1 of Article 1 of Chapter 8 of Title 48 of the Official Code of Georgia
Annotated, relating to general provisions regarding state sales and use taxes,
is amended by adding a new Code section to read as follows:
"48-8-2.1.
The
provisions of this Code section shall supercede and control over any other
provision of Code Section 48-8-3 to the contrary which enacted, reenacted, or
otherwise extended a sales and use tax exemption on or after January 1, 2007. In
any such exemption, for the period of time commencing with the first day of the
month following the month in which this Code section becomes effective and
concluding January 1, 2013, the amount of such sales and use tax exemption
shall be reduced by 15
percent."
SECTION
2.
This
Act shall become effective upon its approval by the Governor or upon its
becoming law without such approval.
SECTION
3.
All
laws and parts of laws in conflict with this Act are repealed.