HB1018: HB1018 Sales and use tax; exempt sales of clothing and school related supplies during the month of August each year

26 LC 59 0201 House Bill 1018 By: Representatives Kendrick of the 95th, Wilkerson of the 38th, Evans of the 57th, Frye of the 122nd, Lewis-Ward of the 115th, 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 taxes, so as to exempt sales of c lothing and school related2 supplies from sales and use taxation during the month of August each year; to amend Code3 Section 48-9-3 of the Official Code of Georgia Annotated, relat ing to levy of excise tax,4 rates, exemptions, and prohibition on tax by political subdivisions, so as to exempt all sales5 of motor fuel from excise taxation during the month of August e ach year; to provide for6 related matters; to repeal conflicting laws; and for other purposes.7 BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:8 SECTION 1.9 Code Section 48-8-3 of the Official Code of Georgia Annotated, relating to exemptions from10 sales and use taxes, is amended by revising subparagraph (A) of paragraph (75) as follows:11 "(75)(A) The sale of eligible property. The exemption provided by this paragraph12 applies only to sales occurring during the period commencing at 12:01 A.M. on July 30,13 2016, August 1 and concluding at 12:00 Midnight on July 31, 2016 August 31 each14 year."15 H. B. 1018 - 1 - 26 LC 59 0201 SECTION 2.16 Code Section 48-9-3 of the Official Code of Georgia Annotated, relating to levy of excise17 tax, rates, exemptions, and prohibition on tax by political sub divisions, is amended in18 subsection (b) by striking "or" at the end of paragraph (11), by replacing the period at the end19 of paragraph (12) with "; or", and by adding a new paragraph to read as follows:20 "(13) For the period of time beginning August 1 and ending on August 31 each year, all21 sales of motor fuel."22 SECTION 3.23 All laws and parts of laws in conflict with this Act are repealed.24 H. B. 1018 - 2 -