Rule 110-32-1-.01 - Enabling Status, Authority and Purpose(1) The enabling statute for this regulation is Title 48 Chapter 8 Article 6 otherwise known as the Georgia Tourism Development Act. Within this regulation, the reference may also be incorporated as "the Act". a) The legislative purpose contained in O.C.G.A § 48-8-272 includes the inducement of the creation of tourism attractions or expansion of existing tourism attractions within this state in order to advance the public purposes of relieving unemployment by preserving and creating jobs that would not exist if not for the sales and use tax refund offered by the State of Georgia to approved companies. In addition to the economic development purposes, the preservation and creation of sources of tax revenues for the support of public services provided by the state is also described as a purpose of the Article.(2) Authority for Regulations -- Official Code of Georgia Annotated, Sections 48-8-273 and 48-8-274 as amended through HB 318 of the 2013-2014 Regular Session. (3) Purpose for Regulations a) Pursuant to O.C.G.A. § 48-8-274, the Department of Community Affairs (DCA) will establish regulations for the application process including the provision of standards for the filing of tourism attraction project applications; the explanation of the conditions of eligibility; the methodology to be used in the analysis and rating of project applications; and the criteria to be used in making recommendations to the Commissioner of the Department of Economic Development and the Commissioner of the Department of Community Affairs, and the standards to be used in the administration of agreements for approved projects as authorized by O.C.G.A. § 48-8-275.b) Pursuant to O.C.G.A § 48-8-273(e), The Department of Revenue (DOR) will establish regulations for the filing and administration of sales and use tax refunds.Ga. Comp. R. & Regs. R. 110-32-1-.01
O.C.G.A. Secs. 50-8-3, 50-8-5, 48-8-270, 48-8-272.
Original Rule entitled "Enabling Statute, Authority and Purpose" adopted. F. Oct. 7, 2013; eff. Oct. 27, 2013.