Disbursement of tax proceeds.

The proceeds of the tax collected by the commissioner in each metropolitan municipality special district under this part shall be disbursed as soon as practicable after collection; provided, however, that 1 percent of the amount collected shall be paid into the general fund of the state treasury in order to defray the costs of administration. History. Code 1981, § 48-8-269.28, enacted by Ga. L. 2016, p. 105, § 2-1/SB 369. Code Commission notes. Pursuant to Code Section 28-9-5, in 2016, this Code section, enacted as Code Section 48-8-269.9991, was redesignated as Code Section 48-8-269.28.

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Disbursement of tax proceeds.

The proceeds of the tax collected by the commissioner in each metropolitan municipality special district under this part shall be disbursed as soon as practicable after collection; provided, however, that 1 percent of the amount collected shall be paid into the general fund of the state treasury in order to defray the costs of administration. History. Code 1981, § 48-8-269.28, enacted by Ga. L. 2016, p. 105, § 2-1/SB 369. Code Commission notes. Pursuant to Code Section 28-9-5, in 2016, this Code section, enacted as Code Section 48-8-269.9991, was redesignated as Code Section 48-8-269.28.