Plain English Breakdown
The source confirms the bill amends Chapter 5C and changes definitions but does not detail what those new definitions are.
HB274: Changes to Motor Vehicle Tax Definitions
This bill changes certain definitions used for the alternative ad valorem tax on motor vehicles in Georgia.
What This Bill Does
- Amends Chapter 5C of Title 48 of the Official Code of Georgia Annotated regarding vehicle taxes.
- Changes specific legal definitions related to how this alternative ad valorem tax is applied.
Terms To Know
- Alternative ad valorem tax
- A type of tax on motor vehicles mentioned in the bill title and summary.
Limits and Unknowns
- The specific new definitions are not listed in this text.
- The exact date when these changes take effect is not provided here, though the bill states it will provide for one.
- This bill does not explain how much money will be raised or saved by the tax change.