GA
Georgia House Bill HB1375

Georgia 2023-2024 Regular Session

Georgia House Bill HB1375

Introduced
2/22/24  

Caption

Sales and use tax; exempt materials used in construction of capital outlay projects for educational purposes; provisions

Impact

The bill sets a defined timeframe for the exemption, with the eligibility period running from July 1, 2024, to June 30, 2029. During this time, school districts will be able to benefit from the exemption by filing claims for refunds on the taxes they initially paid for construction materials. This mechanism is intended to support ongoing and future educational projects, enhancing infrastructure and the overall learning environment for students across Georgia.

Summary

House Bill 1375 proposes an amendment to Georgia's sales and use tax laws, specifically to provide exemptions for materials used in the construction of educational capital outlay projects that receive funding through an education special purpose local option sales tax. This initiative aims to alleviate the financial burden on school districts by permitting them to claim refunds on taxes paid for qualifying materials, thus redirecting funding towards educational improvements.

Contention

While the bill aims to promote educational growth, concerns may arise regarding the potential implications for state tax revenues due to the exemptions being granted. Furthermore, discussions in legislative circles could focus on the effectiveness of the local option sales taxes and how well they serve to fund educational needs versus other pressing community projects. Overall, the balance between supporting education and maintaining adequate funding for state initiatives is a salient point of contention in the discussions surrounding HB 1375.

Companion Bills

No companion bills found.

Previously Filed As

GA HB229

Sales and use tax; exempt materials used in construction of capital outlay projects for educational purposes; provisions

GA HB408

Sales and use tax; exemption for competitive projects of regional significance; change sunset provision

GA SF4497

Construction materials used for road construction or repair if purchased by contractors sales and use tax exemption provision

GA HB890

Sales and use tax; exemption for sale or use of certain noncommercial written materials or mailings by certain nonprofit organizations; extend sunset provision

GA HF1534

Wayzata; sales and use tax provisions modified, and construction materials sales tax exemption provided for city projects.

GA HF2577

Sales and use tax provisions modified, and exemption provided for construction materials used for road construction or repair if purchased by contractors.

GA HB560

Joint county and municipal sales and use tax (LOST); negotiations for distribution of tax proceeds; revise provisions

GA HF1248

Sales and use tax exemption provisions modified for construction materials purchased by certain contractors.

GA HB180

Sales and use tax; equipment sold to and used by a qualified food bank for their primary purposes; exempt

GA HF5015

Refundable sales and use tax exemption provided for construction materials used for residential housing.

Similar Bills

No similar bills found.