Staff Analysis of the Legislation
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SUMMARY: LC 34 5283
Would provide for a state and local sales tax exemption for sales of tangible property used for construction of an automobile history museum. The museum will be owned or operated by a nonprofit organization exempt from taxation under Section 501(c)(3). The exemption shall apply from July 1, 2018 until December 31, 2020.
EFFECTIVE DATE: July 1, 2018, if passed |