Revenue and taxation; manner for determining fair market value of motor vehicles subject to tax; change

A BILL to be entitled an Act to amend Code Section 48-5C-1 of the O.C.G.A., relating to definitions, exemption from taxation, allocation and disbursement of proceeds collected by tag agents, fair market value of vehicle appealable, and report, so as to change the manner for determining fair market value of motor vehicles subject to the tax; to provide for penalties for fraudulent applications for such reductions; to provide for the distribution of revenue to newly created municipalities; to amend Chapter 2 of Title 40 of the O.C.G.A., relating to registration and licensing of motor vehicles, so as to provide for multi-year decals for certain vehicles; to provide for related matters; to repeal conflicting laws; and for other purposes.