The Marketplace Fairness Act (MFA), S. 743, passed the U.S.Senate on May 6 by a vote of 69-27. Sen. Isakson and Sen. Chambliss both voted for the bill's passage.
Published Date:
May 13, 2013
As the first distributions of Georgia’s Motor Vehicles Ad Valorem Title Tax (TAVT) begin to be received by local governments around the state, there may be some initial confusion as to just what these funds are and how to account for them.
Published Date:
April 30, 2013
President Obama’s FY2014 budget proposal includes measures designed to bring in additional revenues by closing tax loopholes. Among the proposals is a 28 percent cap on tax-exempt interest for municipal bonds, a limitation that the President sought in FY2013.
Published Date:
April 15, 2013
A national survey of city officials shows that despite improvement in many economic health indicators, cities around the country report their economies have not yet rebounded due in large part to slow income and job growth.
Published Date:
April 9, 2013
Municipal bonds were front and center in both chambers of Congress last month. As Congress and the Administration continue to look for ways to find revenues to reduce the deficit or fund new programs, eliminating or capping the tax exemption on interest earned on municipal bonds remains a viable option to some in Washington.
Published Date:
April 9, 2013
The sequester is upon us: $85.4 billion in federal spending cuts are being made this year across most areas of federal government with the exception of certain entitlement programs.
Published Date:
April 9, 2013
Rome City Commissioner Buzz Wachsteter has been advocating for Internet tax fairness on behalf of Rome, other Georgia cities and GMA for a number of years. In this Q&A, he talks about Internet tax fairness and how Georgia city officials can help get the federal Marketplace Fairness Act passed.
Published Date:
March 20, 2013
As Congress and the Administration continue the debate over the national deficit, federal budget, and tax code reform, most of the news has focused on the political standoff associated with sequestration. Two areas that appear to have bipartisan support, removing the tax exemption on interest paid for municipal bonds and legislation to begin enforcing the collection of taxes on remote/internet sales, impact cities directly.
Published Date:
February 28, 2013
In the state’s current economic conditions, collecting every penny owed really counts. Cities can play an important role in ensuring that all revenue owed to the state and local governments is collected. For the second year, the Department of Revenue (DOR) is interested in having cities submit information on the retail and sales businesses in your municipality.
Published Date:
January 3, 2013
All local governments receiving proceeds from SPLOST must publish a SPLOST report in a newspaper of general circulation within that city or county and on the government website, if they have one, by December 31 of each year.
Published Date:
December 14, 2012
Cities continue to face the prolonged effects of the economic downturn according to a new report by the National League of Cities.
Published Date:
September 14, 2012
The state and local sales and use taxes on energy used in manufacturing will be phased out over a 4-year period, beginning January 1, 2013. Cities and counties can, however, adopt a local excise tax on energy used in manufacturing to replace the lost sales tax revenues.
Published Date:
August 31, 2012
As part of a recent Senate Committee hearing examining why many online retailers are currently exempt from state sales tax laws, NLC urged the Senate to level the playing field between local and online retailers by passing the Market Place Fairness Act.
Published Date:
August 6, 2012
This publication has been prepared to provide municipal officials a discussion of legal and policy considerations relevant to the Special Purpose Local Option Sales Tax (SPLOST).
Published Date:
August 1, 2012
This publication is to familiarize city officials with some of the important basics in the area of alcoholic beverage regulation.
Published Date:
July 1, 2012