Bill > SR386

This resolution creates the Senate State FairTax Study Committee to examine potential tax reform in Georgia by investigating the feasibility of implementing a FairTax at the state level. The committee will consist of five members, including the chairperson of the Senate Finance Committee and four additional senators appointed by the Senate President. The committee is authorized to study the conditions, needs, and issues related to the FairTax, and can recommend actions or legislation as deemed appropriate. Members will receive standard legislative allowances for up to five days (with potential for additional days), and the committee's operational funding will come from Senate-appropriated funds. The committee is required to conduct meetings as necessary and will prepare a report detailing its findings, which must be approved by a majority vote of the committee's quorum. Any report suggesting proposed legislation must be filed before the committee's abolishment date of December 1, 2025. In the event no approved report is produced, the committee chairperson may file meeting minutes with the Secretary of the Senate. The resolution stems from Georgia's ongoing review of its taxation structure and interest in exploring alternative tax models like the FairTax.

Budget and Finance

https://www.legis.ga.gov/legislation/71298