Bill Text: GA HB1246 | 2011-2012 | Regular Session | Introduced

---

Bill Title: Sales and use tax; variable rate of tax based on place of manufacture of product sold; provide

Spectrum: Partisan Bill (Independent 1-0)

Status: (Introduced - Dead) 2012-03-14 - House Second Readers [HB1246 Detail]

Download: Georgia-2011-HB1246-Introduced.html

---

12 LC 34 3200

House Bill 1246

By: Representative Kidd of the 141st

A BILL TO BE ENTITLED
AN ACT

To amend Part 2 of Article 1 of Chapter 8 of Title 48 of the Official Code of Georgia Annotated, relating to the imposition, rate, collection, and assessment of a state sales and use tax, so as to provide for a variable rate of such tax based on the place of manufacture of the product sold in this state; to provide for related matters; to provide for an effective date; to repeal conflicting laws; and for other purposes.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:

SECTION 1.

Part 2 of Article 1 of Chapter 8 of Title 48 of the Official Code of Georgia Annotated, relating to the imposition, rate, collection, and assessment of a state sales and use tax, is amended by adding a new Code section to read as follows:

"48-8-30.1.

Notwithstanding the provisions of Code Section 48-8-30, on or after the effective date of this Code section, the rate of the state sales and use tax prescribed in this article shall vary according to the place of manufacture of the product sold or used in this state.

(1) If the product was manufactured or assembled in Georgia, the state sales and use tax shall be levied at a rate of 0 percent.

(2) If the product was manufactured or assembled in the United States but not in Georgia, the state sales and use tax shall be levied at a rate of 4.5 percent.

(3) If the product was manufactured or assembled outside of the United States, the state sales and use tax shall be levied at a rate of 12 percent."

SECTION 2.

This Act shall become effective on January 1, 2013, and shall apply to all taxable years beginning on or after that date.

SECTION 3.

All laws and parts of laws in conflict with this Act are repealed.