Loading chat...

GA HB1104

Bill

Official Source

Status

Introduced

2/22/2012

Primary Sponsor

Chuck Sims

Click for details

Origin

House of Representatives

2011-2012 Regular Session

AI Summary

  • Exempts proceeds from raffles conducted by 501(c)(3) nonprofit organizations from Georgia sales and use taxes by adding a new paragraph (92) to Code Section 48-8-3
  • Defines "raffle" as any scheme or procedure where one or more prizes are distributed by chance among persons who have paid or promised consideration for a chance to win
  • Amends the Official Code of Georgia Annotated's existing list of sales and use tax exemptions
  • Becomes effective immediately upon approval by the Governor or upon becoming law without such approval
  • Introduced by Representative Sims of the 169th District

Legislative Description

Sales and use tax; raffles conducted for certain nonprofit organizations; provide exemption

Last Action

House Second Readers

2/23/2012

Committee Referrals

Ways and Means2/22/2012

Full Bill Text

No bill text available