Bill > HB1298

This bill amends Title 48 of the Official Code of Georgia Annotated, which deals with revenue and taxation, to exempt the retail sale of electricity and natural gas for use by any residential property from sales and use taxes, meaning consumers will no longer pay these taxes on their home energy bills. This exemption will become effective on January 1 of the year following the repeal of a specific existing exemption, identified as paragraph (68.1) of Code Section 48-8-3, which is the section of law detailing what is exempt from these taxes. The bill also repeals any conflicting laws to ensure its provisions are the operative ones.