HAMPTON, Ga. (AP) — Gov. Nathan Deal has signed a bill into law that makes changes to a tax break program aimed at boosting Georgia tourism.
Deal signed the bill Monday at an event at the Atlanta Motor Speedway. The Georgia Tourism Development Act, which offers tax rebates for building tourist attractions, was signed into law two years ago, but had been unavailable to developers. State agencies responsible for implementing the program had told lawmakers they needed to fix technical problems before rebates could be offered.
Deal says the legislation is focused on job creation and making Georgia more business-friendly.
The law allows approved projects to keep a portion of the sales taxes they collect for 10 years.