GA HB1141

Repeals Georgia's entire state income tax (Chapter 7 of Title 48) and specific, business, and occupation taxes (Chapter 13), replacing them with a broad-based 5.50% consumption tax on all goods and services purchased for final use or consumption in Georgia, effective January 1, 2017

Exempts business-to-business purchases (intermediate goods and services) and investment purchases from the new sales tax to prevent double or cascading taxation

Establishes a monthly sales tax rebate ("prebate") for every registered qualified family equal to 5.50% of the federal poverty level for their family size, intended to ensure that spending up to the poverty level is effectively tax-free

Requires families to register annually with the Department of Revenue to receive the rebate, with eligibility limited to lawful U.S. and Georgia residents with valid Social Security numbers; rebates may be distributed via smartcard or direct electronic deposit

Creates comprehensive administrative and taxpayer protection provisions, including an independent problem resolution office, an administrative appeals process, taxpayer rights documents, confidentiality requirements for tax information, and a taxpayer administrative credit of the greater of $200 or 0.25% of tax remitted for timely filers