Loading chat...
GA HB378
Bill
Status
Engrossed
3/9/2020
Primary Sponsor
Bruce Williamson
Click for details
AI Summary
- Expands the definition of "rental motor vehicle concern" to include marketplace facilitators (as defined in Code Section 48-8-2) that facilitate the rental or lease of five or more rental motor vehicles to the public for value on behalf of themselves or others
- Creates a new defined term, "rental motor vehicle facilitator," for marketplace facilitators that facilitate rental vehicle transactions, making them responsible for collecting and remitting the 3% excise tax on rental charges
- Shifts tax collection liability so that the rental motor vehicle facilitator bears full responsibility for the excise tax on transactions it facilitates, relieving the underlying vehicle owner from the obligation to collect and remit on those same transactions
- Provides that a facilitator may be relieved of liability for incorrect tax collection if the error resulted from insufficient or incorrect information provided by the vehicle owner, in which case the owner becomes solely liable — except when the facilitator and owner are related members
- Effective July 1, 2020, applying to all taxable leases or rentals occurring on or after that date
Legislative Description
Revenue and taxation; collection and remittance of excise taxes on rental motor vehicles by marketplace facilitators that are dealers that facilitate the rental or lease of five or more rental motor vehicles; require
Last Action
Senate Read and Referred
3/10/2020
Full Bill Text
No bill text available