06 LC
18 5190
House
Bill 1301
By:
Representatives Martin of the
47th,
Royal of the
171st,
Chambers of the
81st,
Jennings of the
82nd,
and Scott of the
2nd
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 for a
limited period of time with respect to certain sales of food and groceries to a
qualified food bank; to provide for procedures, conditions, and limitations; to
provide for powers, duties, and authority of the state revenue commissioner; 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 adding a new paragraph immediately
following paragraph (57), to be designated paragraph (57.1), to read as
follows:
"(57.1)(A)
From July 1, 2006, until June 30, 2008, sales of food and groceries to a
qualified food bank.
(B)
As used in this paragraph, the term 'qualified food bank' means any food bank
which is exempt from taxation under Section 501(c)(3) of the Internal Revenue
Code and which is operated primarily for the purpose of providing hunger relief
to low income persons residing in this state.
(C)
Any person making a sale of food and groceries for the purpose specified in this
paragraph shall collect the tax imposed on this sale unless the purchaser
furnishes such person with an exemption determination letter issued by the
commissioner certifying that the purchaser is entitled to purchase the food and
groceries without paying the tax.
(D)
The commissioner is authorized to promulgate rules and regulations deemed
necessary in order to administer and effectuate this
paragraph."
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laws and parts of laws in conflict with this Act are repealed.