Staff Analysis of the Legislation
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SUMMARY: This bill would amend Code Section 48-8-67 of the O.C.G.A. to remove the provision set to expire on December 31, 2011 that gives the authority to the state tax commissioner to distribute unidentified sales tax revenues unless reauthorized by the General Assembly. It further directs the tax commissioner to take any funds that were collected between such past authorizations by the legislature to distribute them as soon as feasible.
NOTE: There was a period between past authorizations when funds were not distributed, but the fact that the bill allows those funds to be distributed “as soon as feasible” does not offer much immediate relief to local governmental entities. |