Revised Ga. tax break axes governor's direct role - FOX 10 News | myfoxphoenix.com

Revised Ga. tax break axes governor's direct role

Posted: Updated:

By RUSS BYNUM
Associated Press

SAVANNAH, Ga. (AP) - Georgia lawmakers are a big step closer to approving revisions needed for the state to begin offering tax breaks designed to boost the development of tourist attractions.

The state House voted 149-18 last week to approve an amended version of the 2011 Georgia Tourism Development Act. Among other changes, lawmakers eliminated the governor's direct role in awarding the incentives.

The measure allows new tourist attractions to keep a portion of the sales taxes they collect for 10 years. State agencies say technical changes are needed before the rebates can become reality.

The House voted to give final approval of projects receiving the rebate to the heads of the departments of Community Affairs and Economic Development. The previous version gave final approval to the governor.

The Senate must approve the revisions.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Powered by WorldNow

KSAZ-TV & KUTP
511 W. Adams St.
Phoenix, AZ 85003

Phone: (602) 257-1234
Fax: (602) 262-0177

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices