• Impact of Revisions to County SPLOST Laws on SPLOSTs for Educational Purposes
  • July 15, 2004 | Author: Rachel Epps Spears
  • Law Firm: King & Spalding LLP - Atlanta Office
  • On April 23, 2004 Georgia Governor Sonny Perdue signed into law the State and Local Taxation, Financing, and Service Delivery Revision Act of 2004 (the "Act"). The Act significantly revises Georgia law relating to county and municipal local sales and use taxes, including the one percent special purpose local option sales tax ("SPLOST"). The Act applies to all SPLOSTs imposed under resolutions adopted on or after July 1, 2004. This update discusses several of the revisions and how the changes may affect the law regulating SPLOSTs for educational purposes.