08 LC
18 7260S
The House Committee on Ways and Means offers the following substitute to
HB 1078:
A
BILL TO BE ENTITLED
AN ACT
AN ACT
To
amend Chapter 8 of Title 48 of the Official Code of Georgia Annotated, relating
to sales and use taxes, so as to change certain provisions relating to certain
exemptions regarding such taxes; to provide an effective date; to repeal
conflicting laws; and for other purposes.
BE
IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:
SECTION
1.
Chapter
8 of Title 48 of the Official Code of Georgia Annotated, relating to sales and
use taxes, is amended by revising subparagraph (D) of paragraph (57) of Code
Section 48-8-3, relating to an exemption regarding eligible food and beverages,
as follows:
"(D)(i)
The exemption provided for in this paragraph shall not apply to any local sales
and use tax levied or imposed at any time by or pursuant to
Part 1 or Part
2 of Article 3 of this
chapter.
(ii)
Except as otherwise provided in division (i) of this subparagraph, the exemption
provided for in this paragraph shall not apply to any local sales and use tax
which is effective before October 1, 1996, notwithstanding any provisions to the
contrary in the law authorizing or imposing such tax.
(iii)
Except as otherwise provided in divisions (i) and (iv) of this subparagraph, the
exemption provided for in this paragraph shall apply with respect to any local
sales and use tax which becomes effective on or after October 1, 1996, but such
exemption shall apply only as to transactions occurring on or after October 1,
1998, notwithstanding any provision to the contrary in the law authorizing or
imposing such tax.
(iv)
The exemption provided for in this paragraph shall apply to any local sales and
use tax levied or imposed at any time by or pursuant to Article 2A
or Article
4 of this chapter.
(v)
For the purposes of this subparagraph, 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; or by or pursuant to
Part 1
of Article
3, Part 2 of
Article 3, or Article 4 of this
chapter."
SECTION
2.
This
Act shall become effective upon its approval by the Governor or upon its
becoming law without such approval.
SECTION
3.
All
laws and parts of laws in conflict with this Act are repealed.
