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Saturday June 23rd, 2018 11:08PM

Five northeast Georgia airports to share in $28M in state grants

By AccessWDUN Staff

Gov. Nathan Deal has announced $28 million in funding for local airports around the state, following the discontinuation of the local jet fuel sales tax collection by the state Department of Revenue.

The Department of Revenue took the action in order to comply with Federal Aviation Administration regulations, 

“Today, Georgia has taken critical action to ensure our federal funding is not jeopardized and local governments that rely upon local jet fuel sales tax are made whole,” said Deal. “In light of DOR’s announcement, which brings Georgia into compliance with the federal government, I’ve allocated $28 million to assist the 48 local governments affected by suspension of the local sales tax. The grants, based on the remaining time and monthly average of each community’s Special Local Option Sales Tax, will be disbursed by DCA by the end of this fiscal year.”

The state's action brings Georgia into compliance with the 2014 FAA rule on taxation of aviation fuel. This FAA rule affects local sales taxes authorized and collected after 1987 on the purchase of jet fuel. Read the Department of Revenue order here.

The five northeast Georgia airports including in the funding the amount each will receive are:

Dawson County  $2,861

Fannin County $1,060

Gwinnett County $228,215

Jackson County $3,165

Stephens County $3,939

The full list of recipients can be found here.

 

  • Associated Categories: Business News, Local/State News, Politics, Submitted News
  • Associated Tags: Georgia Department of Revenue, airports, jet fuel sales tax
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