summary
Introduced
02/19/2025
02/19/2025
In Committee
03/13/2025
03/13/2025
Crossed Over
03/04/2025
03/04/2025
Passed
04/07/2025
04/07/2025
Dead
Signed/Enacted/Adopted
05/13/2025
05/13/2025
Introduced Session
2025-2026 Regular Session
Bill Summary
AN ACT To authorize the governing authority of the City of Fairburn to levy an excise tax pursuant to subsection (b) of Code Section 48-13-51 of the O.C.G.A.; to provide procedures, conditions, and limitations; to provide for related matters; to repeal conflicting laws; and for other purposes.
AI Summary
This bill authorizes the City of Fairburn to levy an excise tax on hotel and lodging accommodations at a rate not exceeding 8 percent. The tax is governed by the Official Code of Georgia Annotated (O.C.G.A.) and applies to rooms, lodgings, or accommodations furnished by businesses licensed or paying occupation taxes to the municipality. The bill, which follows a resolution adopted by the city on January 13, 2025, mandates that at least 50 percent of the tax revenue collected above a 5 percent base rate must be used for promoting tourism, conventions, and trade shows through a designated destination marketing organization. The remaining excess tax revenue must be spent on tourism product development. This type of targeted excise tax is designed to generate funds specifically for enhancing local tourism infrastructure and marketing efforts, providing a mechanism for the city to reinvest in its tourism sector and potentially boost economic activity.
Committee Categories
Government Affairs
Sponsors (2)
Last Action
Effective Date 2025-05-13 (on 05/13/2025)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.legis.ga.gov/legislation/70517 |
| BillText | https://www.legis.ga.gov/api/legislation/document/20252026/236159 |
| BillText | https://www.legis.ga.gov/api/legislation/document/20252026/232982 |
Loading...