06 LC 18
5178
House
Bill 1296
By:
Representatives Stephens of the
164th
and Carter of the
159th
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 tangible personal property used in the maintenance or repair
of aircraft; 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)
The sale or use of tangible personal property used in the maintenance or repair
of
aircraft."
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laws and parts of laws in conflict with this Act are repealed.