3 | 3 | | By: Representative Taylor of the 173 |
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4 | 4 | | rd |
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5 | 5 | | |
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6 | 6 | | A BILL TO BE ENTITLED |
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7 | 7 | | AN ACT |
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8 | 8 | | To amend an Act to authorize the governing authority of the City of Thomasville to levy an |
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9 | 9 | | 1 |
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10 | 10 | | excise tax pursuant to subsection (b) of Code Section 48-13-51 of the O.C.G.A., approved2 |
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11 | 11 | | April 27, 2016 (Ga. L. 2016, p. 3799), so as to revise provisions related to the expenditure3 |
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12 | 12 | | of certain proceeds of such tax; to provide for related matters; to repeal conflicting laws; and4 |
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13 | 13 | | for other purposes.5 |
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14 | 14 | | BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:6 |
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15 | 15 | | SECTION 1.7 |
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16 | 16 | | An Act to authorize the governing authority of the City of Thomasville to levy an excise tax8 |
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17 | 17 | | pursuant to subsection (b) of Code Section 48-13-51 of the O.C.G.A., approved April 27,9 |
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18 | 18 | | 2016 (Ga. L. 2016, p. 3799), is amended by revising paragraph (1) of Section 3 as follows:10 |
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19 | 19 | | "(1) In each fiscal year during which a tax is collected pursuant to paragraph (2) of11 |
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20 | 20 | | subsection (b) of Code Section 48-13-51 of the O.C.G.A., an amount equal to not less12 |
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21 | 21 | | than 50 percent of the total amount of taxes collected that exceeds the amount of taxes13 |
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22 | 22 | | that would be collected at the rate to 5 percent shall be expended for promoting tourism,14 |
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23 | 23 | | conventions, and trade shows by the destination marketing organization designated by the15 |
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24 | 24 | | City of Thomasville or such other entity authorized to administer and expend the16 |
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25 | 25 | | H. B. 855 |
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