sb362_As_introduced_LC_18_4335_2.html
05 LC 18 4335
Senate Bill 362
By: Senator Douglas of the 17th

A BILL TO BE ENTITLED
AN ACT

To provide for an alternative method of distribution of the net proceeds of the sales and use tax for educational purposes authorized under Article VIII, Section VI, Paragraph IV of the Constitution among the Newton County School District and the City of Social Circle School District; to provide for automatic repeal; to provide an effective date; to provide for applicability; to repeal conflicting laws; and for other purposes.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:

SECTION 1.
The net proceeds of the sales and use tax for educational purposes authorized under Article VIII, Section VI, Paragraph IV of the Constitution and imposed as a result of the referendum held on September 16, 2003, shall be distributed among the Newton County School District and City of Social Circle School District in accordance with the method as follows:
(1) From the gross receipts of the sales and use tax, $16,666.67 per month for 60 consecutive months shall be distributed to the City of Social Circle School District; provided, however, that in no event shall the City of Social Circle School District receive more or less than $1 million; and
(2) After the monthly remittance to the City of Social Circle School District, the proceeds of the sales and use tax shall be distributed between the Newton County School District and the City of Social Circle School District according to the ratio the student enrollment of the Newton County School District with that portion of the student enrollment of the City of Social Circle School District living in Newton County.

SECTION 2.
This Act is enacted pursuant to the specific authority provided for in Article VIII, Section VI, Paragraph IV(g) of the Constitution.

SECTION 3.
This Act shall become effective upon its approval by the Governor or upon its becoming law without such approval and shall apply with respect to all distributions made by the Georgia Department of Revenue on or after such effective date pursuant to the filing of the proper distribution certificate.

SECTION 4.
This Act shall stand repealed in its entirety at the completion of the distribution of the sales tax authorized by the referendum held on September 16, 2003.

SECTION 5.
All laws and parts of laws in conflict with this Act are repealed.