GA HB1209

Creates a sales and use tax exemption for tangible property and construction materials used to construct and furnish buildings on wharf lots located 1,500 to 5,000 feet from a state-owned convention facility with 150,000 to 750,000 square feet of meeting space on a river island serving as Georgia's boundary

Exemption applies from July 1, 2026, through June 30, 2033, or until $7 million in aggregate refunds is reached, whichever occurs first

Qualifying purchasers must pay sales tax upfront and then file claims for refunds; no interest will be included with refunds

Exemption does not cover tangible property that remains in a contractor's possession after construction is completed

Takes effect upon the Governor's approval or upon becoming law without approval