Georgia lawmakers will consider changes to the state’s 7 percent vehicle sales tax Monday.
They it say needs some tweaks since it went into effect in 2012.
Georgians pay the Title Ad Valorem Tax when they buy both new and used cars.
“We’re going to talk about which issues need to be fixed and what that fix might be,” said Jay Powell (R – Camilla). “And then we will get legislative council to draft up a bill that includes all of those things that needs to be fixed.”
Powell, who is the chair of the House Ways and Means Committee, says right now taxes are based on annual reports from the state government, but some say the appraisal service Kelley Blue Book value should determine how much Georgians pay.
“The actual Kelley Book is published more frequently, and so it’s based in response to actual market conditions and market sales,” he said.
The committee will also consider changing what many call the “Welcome to Georgia Tax.”
That rule says new arrivals to the state must pay the 7 percent tax when they register their vehicles in Georgia for the first time.