SB522: SB522 Excise Taxes on Rental Motor Vehicles; fee on rental motor vehicles; provide

26 LC 59 0304 Senate Bill 522 By: Senators Echols of the 49th, Goodman of the 8th, Hatchett o f the 50th, Dixon of the 45th, Hickman of the 4th and others A BILL TO BE ENTITLED AN ACT To amend Article 5 of Chapter 13 of Title 48 of the Official Co de of Georgia Annotated,1 relating to excise taxes on rental motor vehicles, so as to pro vide for a fee on rental motor2 vehicles; to provide a definition; to provide for rules and regulations; to provide funding for3 tourism; to provide for related matters; to repeal conflicting laws; and for other purposes.4 BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:5 SECTION 1.6 Article 5 of Chapter 13 of Title 48 of the Official Code of Geo rgia Annotated, relating to7 excise taxes on rental motor vehicles, is amended by designating the existing provisions of8 such article as Part 1 and adding a new part to read as follows:9 "Part 210 48-13-100.11 (a) As used in this part, the term 'temporary replacement motor vehicle' means a vehicle12 rented or leased by a person temporarily to use while the vehicle that it is replacing is not13 in use because of breakdown, repair, service, damage, or loss.14 S. B. 522 - 1 - 26 LC 59 0304 (b) On and after July 1, 2026, each rental motor vehicle concern renting or leasing motor15 vehicles in this state shall charge a $5.00 per day fee to the customer for each calendar day16 such vehicle is rented or leased; provided, however, that such fee shall not apply with17 respect to a temporary replacement motor vehicle. The rental motor vehicle concern shall18 collect the fee at the time the customer pays for the rental or lease of the vehicle. The19 rental motor vehicle concern collecting the fee shall by the fi fteenth day of each month20 remit all fees collected during the prior month to the department.21 (c) Nothing in this part shall be construed to impair any existing contract.22 (d) The commissioner shall promulgate and make available forms for the use of rental23 motor vehicle concerns to assist in compliance with this part. The commissioner may24 promulgate rules and regulations as necessary to implement the provisions of this part.25 (e) It is the intention of the General Assembly, subject to appropriations, that at least 2026 percent of the fees collected pursuant to subsection (b) of this Code section shall be made27 available and used exclusively for tourism purposes in this state."28 SECTION 2.29 All laws and parts of laws in conflict with this Act are repealed.30 S. B. 522 - 2 -