07 LC 18
6353S
The
House Committee on Ways and Means offers the following substitute to HB
141:
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 any required textbook for any accredited
postsecondary college, university, junior college, or technical school in this
state; 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 replacing "; or" with a semicolon at the
end of paragraph (84), replacing the period at the end of paragraph (85) with ";
or", and adding a new paragraph to read as follows:
"(86)(A)
For the period commencing January 1, 2008, and ending on December 31, 2009,
sales of any required textbook to students enrolled full time or part time in
any accredited postsecondary college, university, junior college, or technical
school in this state.
(B)
For the purposes of subparagraph (A) of this paragraph, 'required textbook'
means any book that is principally designed for use as a source of instructional
material by a student and that a student is directed in writing to purchase by
the instructor of a class or course in which the student is
enrolled."
SECTION
2.
All
laws and parts of laws in conflict with this Act are repealed.