05 LC
18 4039
House
Bill 202
By:
Representative McCall of the
30th
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 taxes, so as to exempt as industrial materials
certain materials used in the quarrying and manufacturing of granite into items
for sale at retail; to provide for 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 taxes, is amended by striking division (35)(A)(ii) thereof
and inserting in its place a new division (35)(A)(ii) to read as
follows:
"(ii)
Industrial
materials,
other than machinery and machinery repair
parts,
that are coated upon or impregnated into the product at any stage of its
processing, manufacture, or
conversion,
which industrial materials shall include without limitation all of the following
materials when used in the quarrying and manufacturing of granite into items for
sale at retail:
(I)
Black powder;
(II)
Saw shot;
(III)
Saw abrasives;
(IV)
Diamond sawing segments;
(V)
Polishing grains, whether loose or compacted into segments;
(VI)
Buffing powders;
(VII)
Tungsten carbide-tipped tools and inserts;
(VIII)
Grinding wheels for profile machines;
(IX)
Sandblast stencils and materials for sandblasting process;
(X)
Sand and abrasives for sandblasting;
(XI)
Cleaning acids and chemicals;
or".
SECTION
2.
This
Act shall become effective on January 1, 2006.
SECTION
3.
All
laws and parts of laws in conflict with this Act are repealed.