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GA HB1225
Bill
Status
Introduced
2/9/2024
Primary Sponsor
Charles Martin
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AI Summary
- Amends Georgia's Local Option Sales Tax (LOST) distribution provisions to allow counties, not just municipalities, to be treated as "absent" political subdivisions during certificate negotiations for tax proceeds distribution
- Expands the existing rule that permits submitting political subdivisions to specify a distribution percentage on behalf of absent entities, now explicitly including absent counties (based on unincorporated population) alongside absent municipalities
- Maintains the requirement that the combined population of all absent political subdivisions must be less than one-half of the aggregate population of the special district for the absent-party provisions to apply
- Guarantees absent counties a minimum share of proceeds proportional to their unincorporated population relative to the total population of all political subdivisions in the special district
- Exempts a county treated as "absent" under the revised provisions from the millage rate adjustment requirements of Code Section 48-8-91 for any period it holds that status
Legislative Description
Sales and use tax; joint county and municipal sales and use tax (LOST); negotiations for the distribution of tax proceeds; revise provisions
Last Action
House Committee Favorably Reported By Substitute
2/26/2024
Committee Referrals
Ways and Means2/12/2024
Full Bill Text
No bill text available