HB559: HB559 Sales and use tax; exemption for certain high-technology data center equipment; revise sunset date

25 LC 50 1067 House Bill 559 By: Representatives Carson of the 46th, Crowe of the 118th, Martin of the 49th, Buckner of the 137th, Cannon of the 172nd, and others A BILL TO BE ENTITLED AN ACT To amend Code Section 48-8-3 of the Official Code of Georgia An notated, relating to1 exemptions from sales and use tax, so as to revise a sunset date for an exemption for certain2 high-technology data center equipment; to provide for related matters; to repeal conflicting3 laws; and for other purposes.4 BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:5 SECTION 1.6 Code Section 48-8-3 of the Official Code of Georgia Annotated, relating to exemptions from7 sales and use tax, is amended by revising subparagraph (A) of paragraph (68.1) as follows:8 "(68.1)(A) For the period commencing on July 1, 2018, and ending on December 31,9 2031 2026, high-technology data center equipment to be incorporated or u sed in a10 high-technology data center that meets the high-technology data center minimum11 investment threshold and other conditions provided in this paragraph."12 SECTION 2.13 All laws and parts of laws in conflict with this Act are repealed.14 H. B. 559 - 1 -