HB 1115

Abstract

A BILL to be entitled an Act to amend Chapter 8 of Title 48 of the Official Code of Georgia Annotated, relating to sales and use taxes, so as to revise provisions for the maximum allowable sales and use tax rate; to remove the prohibition of simultaneously levying a LOST and a HOST; to phase out certain local sales taxes and authorize a new flexible penny local option sales tax ('FLOST'); to provide for audits and reports; to provide for the withholding of funds by the state under certain circumstances; to amend Article 2 of Chapter 9 of Title 32 of the Official Code of Georgia Annotated, relating to the Metropolitan Atlanta Rapid Transit Authority (MARTA), so as to remove provisions exempting certain retail sales and use taxes from the cap on local sales taxes; to provide for related matters; to provide an effective date; to repeal conflicting laws; and for other purposes.