HB 129 - Sales tax exemption; certain granite manufacturing material

First Reader Summary

A BILL to amend Code Section 48-8-3 of the Official Code of Georgia Annotated, providing exemptions from sales and use taxes, so as to exempt as industrial materials certain materials used in the quarrying and manufacturing of granite into items for sale at retail; and for other purposes.

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HB 129                                             LC 24 0564 
 
 
 
 
 
 
                        A BILL TO BE ENTITLED 
                               AN ACT 
 
 
  1- 1  To amend Code Section 48-8-3 of the Official Code of Georgia 
  1- 2  Annotated, providing exemptions from sales and use taxes, so 
  1- 3  as to exempt as industrial materials certain materials used 
  1- 4  in the quarrying and manufacturing of granite into items for 
  1- 5  sale at retail; to provide for an effective date; to repeal 
  1- 6  conflicting laws; and for other purposes. 
 
  1- 7       BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA: 
 
  1- 8                           SECTION 1. 
 
  1- 9  Code Section 48-8-3 of the Official Code of Georgia 
  1-10  Annotated, providing exemptions from sales and use taxes, is 
  1-11  amended by striking division (35)(A)(ii) thereof and 
  1-12  inserting in its place the following new division: 
 
  1-13          "(ii) Industrial materials, other than machinery and 
  1-14          machinery repair parts, that are coated upon or 
  1-15          impregnated into the product at any stage of its 
  1-16          processing, manufacture, or conversion, which 
  1-17          industrial materials shall include without being 
  1-18          limited to all of the following materials when used 
  1-19          in the quarrying and manufacturing of granite into 
  1-20          items for sale at retail; or: 
 
  1-21            (I) Black powder; 
 
  1-22            (II) Saw shot; 
 
  1-23            (III) Saw abrasives; 
 
  1-24            (IV) Diamond sawing segments; 
 
  1-25            (V) Polishing grains, whether loose or compacted 
  1-26            into segments; 
 
  1-27            (VI) Buffing powders; 
 
  1-28            (VII) Tungsten carbide-tipped tools and inserts; 
 
  1-29            (VIII) Grinding wheels for profile machines; 
 
 
 
 
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  2- 1            (IX) Sandblast stencils and materials for 
  2- 2            sandblasting process; 
 
  2- 3            (X) Sand and abrasives for sandblasting; 
 
  2- 4            (XI) Cleaning acids and chemicals; or". 
 
  2- 5                           SECTION 2. 
 
  2- 6  This Act shall become effective on January 1, 1998. 
 
  2- 7                           SECTION 3. 
 
  2- 8  All laws and parts of laws in conflict with this Act are 
  2- 9  repealed. 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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