07 LC
18 6242S
The
House Committee on Ways and Means offers the following substitute to HB
329:
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 an exemption for a limited
period of time for certain items sold, used, or stored for packaging farm
products produced in this state for shipment, sale, or resale; 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 to read as
follows:
"(25.1)
For the period commencing on July 1, 2007, and ending on June 30, 2009, the
sale, use, or storage of materials, containers, labels, sacks, or bags used or
reused by producers or dealers in agricultural products solely for packaging
agricultural products grown in this state for shipment, sale, or resale. As
used in this paragraph, the terms 'agricultural products,' 'dealer in
agricultural products,' and 'producer' have the same meanings as provided in
Code Section 2-9-1."
SECTION
2.
All
laws and parts of laws in conflict with this Act are repealed.