HB964: HB964 Revenue and taxation; state and local title ad valorem tax fee; exempt certain motor vehicles used in fire protection services for local governments

26 LC 59 0428S The Senate Committee on Finance offered the following substitute to HB 964: A BILL TO BE ENTITLED AN ACT To amend Title 48 of the Official Code of Georgia Annotated, re lating to revenue and1 taxation, so as to exempt from the state and local title ad val orem tax fee certain motor2 vehicles used in the provision of fire protection services for local governments; to exempt3 from sales and use taxes sales of tangible personal property us ed in the provision of fire4 protection services for local governments; to revise a definiti on; to provide for related5 matters; to repeal conflicting laws; and for other purposes.6 BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:7 SECTION 1.8 Title 48 of the Official Code of Georgia Annotated, relating to revenue and taxation, is9 amended in subsection (d) of Code Section 48-5C-1, relating to alternative ad valorem10 taxation of motor vehicles and title ad valorem tax fee, by adding a new paragraph to read11 as follows:12 "(6.1) Motor vehicles owned or leased by or to an organization that is exempt from13 taxation under Section 501(c)(3) of the Internal Revenue Code and used substantially in14 the exercise of the general and emergency powers enumerated in Code Sections 25-3-115 and 25-3-2 for a county, city, or other political subdivision shall not be subject to the state16 - 1 - 26 LC 59 0428S and local title ad valorem tax fees provided for under paragraph (1) of subsection (b) of17 this Code section."18 SECTION 2.19 Said title is further amended in Code Section 48-8-3, relating to exemptions from sales and20 use taxes, by revising paragraph (26), which is reserved, as follows:21 "(26) Sales of tangible personal property to an organization that is exempt from taxation22 under Section 501(c)(3) of the Internal Revenue Code to be used substantially in the23 exercise of the general and emergency powers enumerated in Code Sections 25-3-124 and 25-3-2 for a county, city, or other political subdivision Reserved;"25 SECTION 3.26 Said title is further amended in Code Section 48-11-1, relating to definitions relative to taxes27 on tobacco and vaping products, by revising paragraph (2) as follows:28 "(2) 'Alternative nicotine product dealer' means any person located within the borders of29 this state who sells or distributes alternative nicotine products to a consumer in this state."30 SECTION 4.31 All laws and parts of laws in conflict with this Act are repealed.32 - 2 -