Plain English Breakdown
Checked against official source text during the last sync.
HB1179: Changes to Tourism Tax Rules for Nonprofits
This bill removes a rule requiring local governments to collect a minimum amount of tax revenue before they can change how certain tourism nonprofits are classified.
What This Bill Does
- Removes the requirement for local governments to meet a specific tax revenue threshold related to changing nonprofit designations.
- Amends Article 3 of Chapter 13 of Title 48 of the O.C.G.A. regarding excise taxes on rooms and lodgings.
- Repeals laws that conflict with these new provisions.
Who It Names or Affects
- Local governments
- Private sector nonprofit organizations engaged in promoting tourism, conventions, or trade shows
Terms To Know
- Excise tax on rooms and lodgings
- A tax collected by the government related to overnight stays at hotels, motels, or other accommodations.
- Revenue threshold
- The minimum amount of money a local government must collect in taxes before it can take certain actions under this law.
Limits and Unknowns
- The official text does not state the specific date when these changes will begin.
- The bill summary does not explain how much tax revenue was previously required to meet the threshold.