06 LC 18
5167
House
Bill 1317
By:
Representatives Carter of the
159th,
Stephens of the
164th,
May of the
111th,
Casas of the
103rd,
Bordeaux of the
162nd,
and others
A
BILL TO BE ENTITLED
AN ACT
AN ACT
To
amend Code Section 48-13-51 of the Official Code of Georgia Annotated, relating
to the excise tax on the furnishing for value to the public of any rooms,
lodgings, or accommodations, so as to change certain provisions regarding the
levy and collection of such tax; to provide an effective date; to repeal
conflicting laws; and for other purposes.
BE
IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:
SECTION
1.
Code
Section 48-13-51 of the Official Code of Georgia Annotated, relating to the
excise tax on the furnishing for value to the public of any rooms, lodgings, or
accommodations, is amended by striking paragraph (3.2) of subsection (a) and
inserting in its place a new paragraph (3.2) to read as follows:
"(3.2)
Notwithstanding the provisions of paragraph (1) of this subsection, a county
(within the territorial limits of the special district located within the
county) and the municipalities within a county in which a trade and convention
center facility is substantially funded by a special county 1 percent sales and
use tax authorized by Article 3 of Chapter 8 of this title, as amended, which
tax was levied prior to January 1, 1994, and is substantially funded by a state
grant or grants authorized on or before January 1, 1996, may levy a tax under
this Code section at a rate of 6 percent. A county or municipality levying a
tax pursuant to this paragraph shall expend (in each fiscal year during which
the tax is collected under this paragraph (3.2)) an amount equal to 33 1/3
percent of the total taxes collected at the rate of 6 percent for the purpose of
promoting tourism, conventions, and trade shows
and for the
construction, installation, maintenance, and operation of exit ramp or street
lighting under a contract with a private
sector nonprofit organization as defined in subparagraph (A) of paragraph (8) of
this subsection. In addition to the amounts required to be expended above, a
county or municipality levying a tax pursuant to this paragraph shall further
expend (in each fiscal year during which the tax is collected under this
paragraph (3.2)) an amount equal to 16 2/3 percent of the total taxes collected
at the rate of 6 percent for the purpose of either marketing or operating trade
and convention facilities. Marketing and operating expenditures may include a
preopening marketing program for such a facility and an escrow account accrued
prior to opening such facility to cover operating expenses to be incurred after
the opening of such a facility. In the event such facility is not constructed,
collected funds may be used for any lawful purpose relating to tourism by the
county or municipality levying a tax pursuant to this
paragraph."
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.