hb1384_LC_18_5191_a_2.html
06 LC 18 5191
House Bill 1384
By: Representatives Martin of the 47th and Scheid of the 22nd

A BILL TO BE ENTITLED
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 tangible personal property to a qualified government grantee; 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 striking "or" at the end of paragraph (81); by striking the period at the end of paragraph (82) and inserting in its place "; or"; and by adding a new paragraph immediately following paragraph (82), to be designated paragraph (83), to read as follows:
"(83)(A) From July 1, 2006, until June 30, 2008, sales of tangible personal property to a qualified government grantee.
(B) As used in this paragraph, the term 'qualified government grantee' means any organization located in this state which is exempt from taxation under Section 501(c)(3) of the Internal Revenue Code and which receives funds or grants of federal or state funds from any governmental agency, entity, or subdivision of the State of Georgia.
(C) Any person making a sale of tangible personal property to a qualified government grantee 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 tangible personal property 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All laws and parts of laws in conflict with this Act are repealed.