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GA HB903

Bill

Official Source

Status

Passed

6/3/2010

Primary Sponsor

Mark Burkalter

Click for details

Origin

House of Representatives

2009-2010 Regular Session

AI Summary

  • Authorizes certain counties and municipalities in Georgia currently levying a hotel/motel excise tax at 6 percent to increase the rate to 7 percent
  • Requires both the county and municipality to adopt resolutions specifying that revenue equal to the 6 percent rate continues to be spent as previously authorized, while designating how the additional 1 percent revenue will be used
  • Additional revenue from the 1 percent increase must be spent on tourism, convention, trade show purposes, tourism product development purposes, or any combination thereof
  • Each resolution must be ratified by a local Act of the General Assembly before the increased levy can take effect; both local Acts must become law before the 7 percent rate is authorized
  • The Act becomes effective immediately upon approval by the Governor or upon becoming law without such approval

Legislative Description

County and municipal tax levies; fund domed stadium; revise provisions

Last Action

Effective Date

6/3/2010

Committee Referrals

Finance3/9/2010
Ways and Means1/12/2010

Full Bill Text

No bill text available