Sales and use tax; certain tangible personal property sold or used to maintain a boat; create exemption

A BILL to be entitled an Act to amend Code Section 48-8-3 of the Official Code of Georgia Annotated, relating to exemptions from state sales and use taxes, so as to create an exemption for certain tangible personal property sold or used to maintain, refit, or repair a boat during a single event to the extent that the aggregate value of such property exceeds $500,000.00; to provide definitions; to provide for related rules and regulations; to provide for related matters; to repeal conflicting laws; and for other purposes.