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GA SB395

Bill

Official Source

Status

Engrossed

2/17/2012

Primary Sponsor

Bill Heath

Click for details

Origin

Senate

2011-2012 Regular Session

AI Summary

  • Amends Georgia's county special purpose local option sales tax (SPLOST) law to allow counties to impose the tax at a rate of less than 1 percent, rather than requiring a flat 1 percent rate
  • Permits counties to levy more than one SPLOST simultaneously within a special district, provided the combined rate of all such taxes does not exceed 1 percent
  • Applies only to taxes imposed under resolutions and ordinances adopted on or after January 1, 2013; taxes adopted before that date are unaffected
  • Updates the ballot language for SPLOST referendums to replace the fixed "1 percent" with a blank field, allowing the specific rate to be specified for voter approval
  • Becomes effective immediately upon approval by the Governor or upon becoming law without such approval

Legislative Description

Sales and Use Tax; allow certain taxes to be imposed at a rate of less than 1 percent

Last Action

House Second Readers

2/22/2012

Committee Referrals

Ways and Means2/21/2012
Finance2/7/2012

Full Bill Text

No bill text available