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HB 1007 - Property; sales to political subdivisions; maximum amount exempt; increase

Tracking Level: Monitor
Sponsor: Holt,Doug 112th
Last Action: 5/20/2010 - House Date Signed by Governor
House Committee: SP&CA
Senate Committee: SLGO
Assigned To:
MiscellaneousNext Bill

Staff Analysis of the Legislation

SUMMARY:  This bill would amend Code Section 16-10-6 of the O.C.G.A. relating to the sale of real or personal property to a local board of education (or other public entity) by a local officer or employee.  It would increase the maximum amount of sales that could be exempt from taxation to $500 from the current $200 per quarter..

 


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