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GA HB823
Bill
Status
Engrossed
3/3/2014
Primary Sponsor
Jay Powell
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AI Summary
- Renews the Georgia state sales and use tax exemption for tangible personal property sold to, or used in the construction of, alternative fuel facilities dedicated to producing ethanol, biodiesel, butanol, wood pellets, and their by-products from biomass or animal fats
- Extends the exemption period from the previously expired window (July 1, 2007 – June 30, 2012) to a new window of July 1, 2014, through June 30, 2016
- Adds "wood pellets" to the definition of covered alternative fuels and to the definition of "alternative fuel facility" under the exemption
- Limits the exemption to construction-phase purchases only; it does not apply to sales occurring after production and processing has begun at the facility, and excludes temporary items, leased/rented property, and tools
- Requires qualifying entities to conduct at least a majority of their business with unaffiliated entities or persons, and purchasers must obtain an exemption certificate from the commissioner to avoid paying tax at the point of sale
Legislative Description
Sales and use tax; sale of tangible personal property of an alternative fuel facility; provide temporary exemption
Last Action
Senate Read and Referred
3/4/2014
Full Bill Text
No bill text available