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GA HB808
Bill
Status
Passed
7/29/2020
Primary Sponsor
Martin Momtahan
Click for details
AI Summary
- Amends the definition of "loaner vehicle" in Georgia's alternative ad valorem tax code for motor vehicles (Code Section 48-5C-1) by extending the maximum loan period from 30 days to 45 days within a 366-day period for any one customer
- A "loaner vehicle" remains defined as a dealer-owned motor vehicle temporarily withdrawn from inventory for exclusive use as a no-charge courtesy vehicle while a customer's vehicle is being serviced
- The change allows dealers to provide loaner vehicles for a longer period without triggering a change in the vehicle's tax classification under the alternative ad valorem tax framework
- Passed both the Georgia House and Senate in the 2020 legislative session
Legislative Description
Alternative ad valorem tax; motor vehicles; revise a definition
Last Action
Effective Date
1/1/2021
Full Bill Text
No bill text available