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. |