Senate Bill 122
Georgia Senate Expands the Use of SPLOST Proceeds
ATLANTA (March 13, 2015) | Senate Bill 122, sponsored by Sen. Jeff Mullis (R – Chickamauga), will allow Special Purpose Local Option Sales Tax (SPLOST) funds to be used for the repair of capital outlay projects.
“When communities are hit unexpectedly by natural disasters, sometimes the cost of the repairs can be a large obstacle to overcome,” Said Sen. Mullis. “By allowing for SPLOST funds to cover those kinds of repairs, we are giving people the opportunity to help speed along the recovery after disasters hit.”
Projects set forth by SB 122 will include the repair of city buildings, along with roads, streets and bridges in the taxing district that have been damaged or destroyed by natural disasters. Counties governing authorities will have the option to use or opt out of using these funds for the specified reasons outlined by this legislation.
SB 122 passed unanimously and will move on to the House of Representatives for consideration
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Sen. Jeff Mullis serves as Chairman of the Rules Committee. He represents the 53rd Senate District, which includes Catoosa, Dade, and Walker counties and portions of Chattooga County. He can be reached at his office in Atlanta at 404.656.0057 or by email at email@example.com.