HB274: HB274 Alternative ad valorem tax; motor vehicles; change certain definitions

25 LC 50 1022 House Bill 274 By: Representatives Stephens of the 164th, Kelley of the 16th, Smith of the 138th, Blackmon of the 146th, Crowe of the 118th, and others A BILL TO BE ENTITLED AN ACT To amend Chapter 5C of Title 48 of the Official Code of Georgia Annotated, relating to1 alternative ad valorem tax on motor vehicles, so as to change certain definitions regarding2 such taxation; to provide for an effective date; to repeal conf licting laws; and for other3 purposes.4 BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:5 SECTION 1.6 Chapter 5C of Title 48 of the Official Code of Georgia Annotated, relating to alternative ad7 valorem tax on motor vehicles, is amended in Code Section 48-5C-1, relating to definitions,8 exemption from taxation, allocation and disbursement of proceed s, fair m arket value of 9 vehicle appealable, and report, by revising paragraph (2) as follows:10 "(2) 'Immediate family member' means spouse, parent, child, sib ling, grandparent, or11 grandchild."12 SECTION 2.13 This Act shall become effective upon its approval by the Governor or upon its becoming law14 without such approval.15 H. B. 274 - 1 - 25 LC 50 1022 SECTION 3.16 All laws and parts of laws in conflict with this Act are repealed.17 H. B. 274 - 2 -