purchases an item with cash. That is, totals ending in .01, .02, .06 or .07 are rounded down. Totals ending in .03, .04, .08 or .09 are rounded up. Exceptions to this framework would include payment with a check, money order, credit card, debit card or electronic funds transfer unless cash is disbursed to the customer. When do these bills take effect? Both bills were signed into law by Gov. Kemp on May 11. HB 1112, the “penny bill,” took effect upon the governor’s signature. The provisions related to dealer plates in SB 293 will take effect on Jan. 1, 2027, while the other provisions related to used car dealers will take effect on July 1, 2026. 1. Before SB 293, there was no specific time limit on how long a dealer plate could be on a specific vehicle. However, sales and use tax would apply on the vehicle once it was used as a demonstrator for more than six months (and that sales and use tax rule still applies going forward). DOR Rule 560-12-2-0.09. 2. The full name of the Used Car Board is the “Georgia State Board of Registration of Used Motor Vehicle Dealers and Used Motor Vehicle Parts Dealers.” 9 THE GENERATOR
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