Revenue and taxation; value of interest to be paid on refunds of certain overpayments; provisions

A BILL to be entitled an Act to amend Article 2 of Chapter 2 of Title 48 of the Official Code of Georgia Annotated, relating to administration of revenue and taxation, so as to provide for the value of interest to be paid on refunds of certain overpayments made pursuant to a direct payment permit; to amend Part 2 of Article 1 of Chapter 8 of Title 48 of the Official Code of Georgia Annotated, relating to the imposition, rate, collection, and assessment of sales and use taxes, so as to require the Department of Revenue to establish and maintain a direct pay permit program that permits a qualified taxpayer to accrue and pay directly to the department certain state and local sales and use taxes; to provide for related matters; to provide for an effective date; to repeal conflicting laws; and for other purposes.