87
      Saturday
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      Monday
      86 / 66

      Gov. Deal signs new House Bill dealing with tourism

      Rashelle Beasley with the Albany Convention and VisitorĂ¢??s Bureau says this bill will allow sales tax exemptions for certain projects that total a minimum of $1 million, but the project must attract at least 25 percent of its visitors from out of state by its third year of existence, and must not directly compete with an existing Georgia business.

      On Monday, Georgia Governor Nathan Deal signed into law House Bill 318, which changes the procedures of the Georgia Tourism Development Act.Rashelle Beasley with the Albany Convention and Visitor TMs Bureau says this bill will allow sales tax exemptions for certain projects that total a minimum of $1 million, but the project must attract at least 25 percent of its visitors from out of state by its third year of existence, and must not directly compete with an existing Georgia business.Beasley says she TMs not sure if this bill will really affect Albany, but she added that anything can happen. Beasley says if someone decides to come here and invest in a project that TMs over $1 million then the bill would go into effect here and she said that would be great for this city.Stay connected to MySouthWestGA.com as stories develop and the FOX 31 Newscast at 10 PM. Visit us on Facebook and Twitter to join in on the conversation and connect with FOX 31!

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