09 LC 37
0907/AP
House
Bill 715 (AS PASSED HOUSE AND SENATE)
By:
Representatives Marin of the
96th,
Rice of the
51st,
and Floyd of the
99th
A
BILL TO BE ENTITLED
AN ACT
To
authorize the governing authority of the City of Norcross to levy an excise tax
pursuant to subsection (b) of Code Section 48-13-51 of the O.C.G.A.; to provide
procedures, conditions, and limitations; to provide for related matters; to
repeal conflicting laws; and for other purposes.
BE
IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:
SECTION
1.
Pursuant
to the authority of subsection (b) of Code Section 48-13-51 of the O.C.G.A., the
governing authority of the City of Norcross is authorized to levy an excise tax
at a rate not to exceed 7 percent of the charge for the furnishing for value to
the public of any room or rooms, lodgings, or accommodations furnished by any
person or legal entity licensed by, or required to pay business or occupation
taxes to, the municipality for operating a hotel, motel, inn, lodge, tourist
camp, tourist cabin, campground, or any other place in which rooms, lodgings, or
accommodations are regularly or periodically furnished for value.
SECTION
2.
The
enactment of this Act is subsequent to the adoption of Resolution 09-1666 of the
governing authority of the City of Norcross which specifies the subsequent tax
rate, identifies the projects or tourism product development purposes, and
specifies the allocation of proceeds.
SECTION
3.
In
accordance with the terms of Resolution 09-1666:
(1)
In each fiscal year during which a tax is collected pursuant to paragraph (2) of
subsection (b) of Code Section 48-13-51 of the O.C.G.A., an amount equal to
not less than 50 percent of the total amount of taxes collected that exceed the
amount of taxes that would be collected at the rate of 5 percent shall be
expended for promoting tourism, conventions, and trade shows by the destination
marketing organization designated by the City of Norcross; and
(2)
The remaining amount of taxes collected that exceed the amount of taxes that
would be collected at the rate of 5 percent which are not otherwise expended
under paragraph (1) of this section shall be expended for tourism product
development.
SECTION
4.
All
laws and parts of laws in conflict with this Act are repealed.