Official Code of Georgia Annotated

Title 48. REVENUE AND TAXATION · Chapter 8. SALES AND USE TAXES · Article 5. SPECIAL DISTRICT TRANSPORTATION SALES AND USE TAX (TSPLOST) · Part 2. ELECTION, IMPOSITION, AND PROCEDURES

48-8-248. Disbursement of proceeds.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

The proceeds of the tax collected by the state revenue commissioner in each special district under this article shall be disbursed as soon as practicable after collection to the Georgia State Financing and Investment Commission to be maintained in a trust fund and administered by the commission on behalf of the special district imposing the tax. Such proceeds for each special district shall be kept separate from other funds of the commission and shall not in any manner be commingled with other funds of the commission.

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

History

Code 1981, § 48-8-248, enacted by Ga. L. 2010, p. 778, § 6/HB 277.

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Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t48-ch7-8-(v37)-2024-pdf.pdf, Volume V37, 2024 edition, page 1037; merge action: carried; file SHA-256 94ae5e1b204a.

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