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HB 0359 - Sales and use tax; food sales to qualified food bank; extend exemption

Tracking Level: Monitor
Sponsor: Martin,Charles 47th
Last Action: 2/11/2009 - House Second Readers
House Committee: W&M
Assigned To:
Finance - TaxationNext Bill

Staff Analysis of the Legislation

SUMMARY:

            This bill would amend Code Section 48-8-3 of the O.C.G.A. to extend until June 30, 2012  an exemption from taxation on sales of food and beverages to a qualified food bank.

 

NOTE:

            Though this bill seems to have limited impact on overall state revenue, and though it seems like the right thing to do, just as HB 358 does for food designated for relief, it is yet another bill in a long parade of exemptions that are granted for this purpose and that purpose until the revenue is further depleted in a time of fiscal crisis.


Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text