GA HB229

Exempts construction materials used in school capital outlay projects from local sales and use taxes when the project was funded through a constitutionally authorized education sales tax (ESPLOST)

Eligibility limited to local school systems that have a base year value or adjusted base year value homestead exemption from property taxation for educational purposes in effect

Taxes must still be paid at point of sale; school systems claim the exemption by filing a refund request with the state department, with no interest included on refunds

Refunds received must be allocated to capital outlay project funds and used in accordance with constitutional requirements for education sales tax revenues

Exemption automatically repeals on December 31, 2033