DEPARTMENT
OF
AUDITS
AND
ACCOUNTS
270 Washington Street, S.W., Suite 1-156
Atlanta, Georgia 30334-8400
270 Washington Street, S.W., Suite 1-156
Atlanta, Georgia 30334-8400
Russell W.
Hinton
State Auditor
(404) 656-2174
State Auditor
(404) 656-2174
March
13, 2008
Honorable Chip Rogers,
Chairman
Senate Finance Committee
Coverdell Legislative Office Building, Room 325-A
Atlanta, Georgia 30334
Senate Finance Committee
Coverdell Legislative Office Building, Room 325-A
Atlanta, Georgia 30334
SUBJECT: Fiscal
Note
House
Bill 1168 (LC 18 6742)
Dear
Chairman Rogers:
The
Georgia State University Fiscal Research Center provided the following
description of this bill and analysis of its fiscal impact:
This
legislation amends Georgia law regarding the excise tax on rooms, lodgings and
accommodations. The legislation amends the list of authorized activities on
which a county or municipality must spend proceeds of the tax. The legislation
does not amend the tax rate or the activities that are subject to the tax.
Thus, there is no impact on state tax revenues or on local tax
revenues.
Sincerely,
/s/ Russell W.
Hinton
State Auditor
State Auditor
/s/
Trey Childress,
Director
Office of Planning and Budget
Office of Planning and Budget
RWH/TC/eb/bb