05 LC 18
4029
House
Bill 209
By:
Representatives Lewis of the
15th,
Stephens of the
164th,
Sims of the
169th,
and Forster of the
3rd
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 provide for an exemption with
respect to state sales and use tax for the sale of natural or artificial gas,
electricity, or any other energy used directly in the production of manufactured
goods; 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 adding a new paragraph immediately
following paragraph (70) to be designated paragraph (70.1), to read as
follows:
"(70.1)(A)
For the purposes of this paragraph, the term 'local sales and use tax' shall
mean any sales tax, use tax, or local sales and use tax which is levied and
imposed in an area consisting of less than the entire state, however authorized,
including, but not limited to, such taxes authorized by or pursuant to
constitutional amendment; by or pursuant to Section 25 of an Act approved March
10, 1965 (Ga. L. 1965, p. 2243), as amended, the 'Metropolitan Atlanta Rapid
Transit Authority Act of 1965'; by or pursuant to Article 2 of this chapter; by
or pursuant to Article 2A of this chapter; by or pursuant to Part 1 of Article 3
of this chapter; or by or pursuant to Part 2 of Article 3 of this
chapter.
(B)
The sale of natural or artificial gas, electricity, or any other energy used
directly in the production of manufactured goods.
(C)
The exemption provided for in subparagraph (B) of this paragraph shall not apply
to any local sales and use tax levied or imposed at any time.
(D)
The commissioner shall adopt rules and regulations to carry out the provisions
of this
paragraph;".
SECTION
2.
All
laws and parts of laws in conflict with this Act are repealed.