06 LC 18
4936
House
Bill 1018
By:
Representatives Lewis of the
15th,
O`Neal of the
146th,
Greene of the
149th,
Royal of the
171st,
Hanner of the
148th,
and others
A
BILL TO BE ENTITLED
AN ACT
AN ACT
To
amend Code Section 48-8-3 of the Official Code of Georgia Annotated, relating to
exemptions from sales and use tax, so as to provide for an exemption regarding
the sale or use of biomass material utilized in the production of electrical
power or the coproduction or cogeneration of electrical and steam power which is
subsequently sold; 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 48-8-3 of the Official Code of Georgia Annotated, relating to exemptions
from sales and use tax, is amended by striking "or" at the end of paragraph
(81); by striking the period at the end of paragraph (82) and inserting in it
place "; or"; and by adding a new paragraph immediately following paragraph
(82), to be designated paragraph (83), to read as follows:
∀(83)(A)
The sale of biomass material, including pellets or other fuels derived from
compressed, chipped, or shredded biomass material, utilized in the production of
energy, including without limitation the production of electricity, steam, or
the production of electricity and steam, which is subsequently
sold.
(B)
As used in this paragraph, the term 'biomass material' means organic matter,
excluding fossil fuels, including agricultural crops, plants, trees, wood, wood
wastes and residues, sawmill waste, sawdust, wood chips, bark chips, and forest
thinning, harvesting, or clearing residues; wood waste from pallets or other
wood demolition debris; peanut shells; pecan shells; cotton plants; corn stalks;
and plant matter, including aquatic plants, grasses, stalks, vegetation, and
residues, including hulls, shells, or cellulose containing
fibers.∀
SECTION
2.
This
Act shall become effective on July 1, 2006.
SECTION
3.
All
laws and parts of laws in conflict with this Act are repealed.