Clayton County voters approved to set freeport tax exemptions at 80% as four referendums were passed in the Tuesday, Nov. 7 election.
In 1979, Clayton County approved Level 1 Freeport, which has four categories. Therefore, the Nov. 7 election had four questions on the ballot about freeport tax exemptions.
The four questions on the ballot included the following categories:
— Question 1 dealt with raw materials/goods in process and it passed with 4,604 (56.59%) “yes” votes while there were 3,546 (43.51%) “no” votes,
— Question 2 dealt with finished goods manufactured in Georgia held by the manufacturer and it passed with 4,782 (58.65%) “yes” votes while there were 3,372 (41.35%) “no”votes.
— Question 3 dealt with finished goods of a distributor destined for out-of-state shipment and it passed with 4,730 (57.95%) “yes” votes while there were 3,432 (42.05%) “no” votes.
— Question 4 dealt with finished goods stored in fulfillment center and it passed with 4,800 (58.75%) “yes” votes while there were 3,370 (41.25%) “no” votes.
Currently, the county offers a 100% tax exemption for these items.
On the Nov. 7 ballot, voters were asked if the eligible freeport items exemption status should be 80% — which would mean the items would be 20% taxable.
The complete wording of the questions that were on the Nov. 7 ballot:
Shall the County set the Level 1 Freeport Tax Exemption as defined in O.C.G.A. 48-5-48.2 at 80% of the ad valorem taxation value of tangible personal property for inventory of goods in the process of manufacture or production which shall include all partly finished goods and raw materials held by the taxpayer, the taxpayer’s affiliate, or the taxpayer’s designated agent for direct use or consumption in the ordinary course of the taxpayer’s manufacturing or production business in this state?
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