05 LC
14 9110/AP
House
Bill 556 (AS PASSED HOUSE AND SENATE)
By:
Representative Burkhalter of the
50th
A
BILL TO BE ENTITLED
AN ACT
AN ACT
To
amend Title 48 of the Official Code of Georgia Annotated, the "Georgia Public
Revenue Code," so as to repeal certain obsolete statutes relating to taxation
and revenue; to repeal provisions relating to standards for bound tax digests,
separate assessment and appeal of property for school property tax purposes,
adjustment of Georgia taxable net income because of certain federal tax
treatment of certain capital gains, and required questions about intangible
taxes on income tax returns; to provide for related matters; to repeal
conflicting laws; and for other purposes.
BE
IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:
SECTION
1.
Title
48 of the Official Code of Georgia Annotated, the "Georgia Public Revenue Code,"
is amended by repealing in its entirety each of the following Code Sections or
parts of Code sections and by designating the Code section numbers of the
repealed Code sections as reserved:
(1)
Code Section 48-5-107, relating to standards for bound tax digests;
(2)
Code Section 48-5-403, relating to separate assessment and appeal of property
for school property tax purposes;
(3)
Subsection (e) of Code Section 48-7-27, relating to adjustment of Georgia
taxable net income because of certain federal tax treatment of certain capital
gains;
(4)
Code Section 48-7-55, relating to required questions about intangible taxes on
income tax returns.
SECTION
2.
All
laws and parts of laws in conflict with this Act are repealed.