HB 1786 - Sales tax; exempt certain home study program yearbooks

First Reader Summary

A BILL to amend Code Section 48-8-3 of the Official Code of Georgia Annotated, relating to exemptions from state sales and use tax, so as to provide for an exemption with respect to sales of home study program yearbooks to students enrolled in such programs; and for other purposes.

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HB 1786                                            LC 18 8876 
 
 
 
 
 
 
                        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, relating to exemptions from state sales and use 
  1- 3  tax, so as to provide for an exemption with respect to sales 
  1- 4  of home study program yearbooks to students enrolled in such 
  1- 5  programs; to provide for conditions and limitations; to 
  1- 6  provide an effective date; to repeal conflicting laws; and 
  1- 7  for other purposes. 
 
  1- 8       BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA: 
 
  1- 9                           SECTION 1. 
 
  1-10  Code Section 48-8-3 of the Official Code of Georgia 
  1-11  Annotated, relating to exemptions from state sales and use 
  1-12  tax, is amended by striking "or" at the end of paragraph 
  1-13  (59); by striking the period at the end of paragraph (60) 
  1-14  and inserting in its place "; or"; and by adding a new 
  1-15  paragraph immediately following paragraph (60), to be 
  1-16  designated paragraph (61), to read as follows: 
 
  1-17        "(61)(A) Sales of home study program yearbooks to 
  1-18        students who are enrolled in a bona fide home study 
  1-19        program. 
 
  1-20        (B) Any person making a sale of a home study program 
  1-21        yearbook shall collect the tax imposed on the sale by 
  1-22        this article unless the purchaser furnishes such 
  1-23        person with a certificate issued by the commissioner 
  1-24        certifying that the purchaser is entitled to purchase 
  1-25        the home study program yearbook without paying the 
  1-26        tax." 
 
  1-27                           SECTION 2. 
 
  1-28  This Act shall become effective on January 1, 1999. 
 
  1-29                           SECTION 3. 
 
  1-30  All laws and parts of laws in conflict with this Act are 
  1-31  repealed. 
 
 
 
 
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