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GA HB1429
Bill
Status
Introduced
2/24/2022
Primary Sponsor
Mark Newton
Click for details
AI Summary
- Defines "residential short-term rental" as a single residential property rented to the public for no more than 14 days per year
- Allows eligible counties, consolidated governments, and municipalities to elect to exclude residential short-term rentals from the local excise tax on rooms, lodgings, and accommodations; eligible jurisdictions include consolidated governments and municipalities levying the tax at 6% and counties levying at 5%
- Requires the governing authority to adopt a majority-vote resolution expressly excluding residential short-term rentals, with no ratification by a local Act of the General Assembly needed
- Exclusion takes effect on the later of the resolution's effective date or three days after receipt by the state revenue commissioner and the commissioner of community affairs
- Any exclusion may be rescinded by majority-vote resolution, but rescission cannot take effect until at least 180 days after transmittal of the resolution to the state revenue commissioner and the commissioner of community affairs
Legislative Description
Excise tax; rooms, lodgings, and accommodations; local election to exclude residential short-term rentals from certain taxes; provide
Last Action
House Second Readers
3/1/2022
Committee Referrals
Ways and Means2/28/2022
Full Bill Text
No bill text available