Disbursement of Proceeds

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  2. Georgia Code
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  6. Disbursement of Proceeds

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The proceeds of the tax collected by the commissioner in each municipality under this article shall be disbursed as soon as practicable after collection as follows:

  1. One percent of the amount collected shall be paid into the general fund of the state treasury in order to defray the costs of administration; and
  2. The remaining proceeds of the tax shall be distributed to the governing authority of the municipality imposing the tax.

(Code 1981, §48-8-206, enacted by Ga. L. 2004, p. 69, § 7; Ga. L. 2005, p. 60, § 48/HB 95.)


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