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HB 1008 - Sales and use tax exemption; natural or artificial gas; continue

Tracking Level: Watch
Sponsor: Peake,Allen 137th
Last Action: 2/1/2010 - House Second Readers
House Committee: W&M
Assigned To:
Finance - FundingNext Bill
Finance - TaxationNext Bill

Staff Analysis of the Legislation

SUMMARY:  This bill would amend Code Section 48-3-3 of the O.C.G.A. to continue through December 31, 2012  a partial exemption from sales tax for natural gas and other fuels used for manufacture or processing.

NOTE:  Here is another attempt to further reduce available revenue to the state and increase the likelihood of additional cuts to education funding.


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