Section 48-8-206 - Disbursement of proceedsThe proceeds of the tax collected by the commissioner in each municipality under this article shall be disbursed as soon as practicable after collection as follows:
(1) One percent of the amount collected shall be paid into the general fund of the state treasury in order to defray the costs of administration; and(2) The remaining proceeds of the tax shall be distributed to the governing authority of the municipality imposing the tax.Amended by 2005 Ga. Laws 19,§ 48, eff. 4/7/2005.Added by 2004 Ga. Laws 443, § 7, eff. 4/23/2004.