LC 18 6625
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 state sales and use tax, so as to change the exemption from
sales and use tax with respect to certain sales of certain energy efficient
products for a limited period of time; to provide for an exemption with respect
to certain sales of certain types of water efficient products for a limited
period of time; to provide an effective date; 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 state sales and use tax, is amended by revising paragraph (82) as
follows:
"(82)(A)
Purchase of energy efficient products
or water
efficient products with a sales price of
$1,500.00 or less per product purchased for noncommercial home or personal use.
The exemption provided by this paragraph shall apply only to sales occurring
during a period commencing at 12:01 A.M. on
October 4,
2007
October 2,
2008, and concluding at 12:00 Midnight on
October 7,
2007
October 5,
2008.
(B)
For the
purposes of this exemption, an energy efficient product
is
As used in
this paragraph, the term:
(i)
'Energy efficient product' means any
energy efficient product for noncommercial home or personal use consisting of
any dishwasher, clothes washer, air conditioner, ceiling fan, fluorescent light
bulb, dehumidifier, programmable thermostat, refrigerator, door, or
window, the
energy efficiency of which has been
designated by the United States Environmental Protection Agency and the United
States Department of Energy as meeting or exceeding each such agency´s
energy saving efficiency requirements or which have been designated as meeting
or exceeding such requirements under each such agency´s Energy Star
program.
(ii)
'Water efficient product' means any product used for the conservation or
efficient use of water which has been designated by the United States
Environmental Protection Agency as meeting or exceeding such agency´s water
saving efficiency requirements or which has been designated as meeting or
exceeding such requirements under such agency´s Water Sense
program.
(C)
The exemption provided for in subparagraph (A) of this paragraph shall not apply
to purchases of energy efficient products
or water
efficient products purchased for trade,
business, or resale.
(D)
Reserved.
(E)(D)
The commissioner shall promulgate any rules and regulations necessary to
implement and administer this paragraph;"
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.