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AJC.com > Legislature > Blog > Archives > 2007 > March > 01 > Entry

House OKs tax break for Georgia Aquarium

The Georgia Aquarium could receive a tax break of about $7 million for its planned expansion under a bill that passed the state’s House of Representatives today.

House Bill 148 would waive sales tax on construction materials for the aquarium over the next four years.

That could amount to about $7 million in savings on $100 million of steel, mortar and other materials, said the bill’s sponsor, House Speaker Pro Tem Mark Burkhalter (R-Alpharetta).

The aquarium, which had plans to expand even before it opened in 2005, has 1.5 acres of land on its western edge that officials are eyeing for expansion. They estimate that the tract could accommodate about 180,000 square feet of construction — roughly one-third of the aquarium’s 550,000 square feet. The aquarium has not yet identified any new animals or proposed exhibits for the expansion.

The bill now goes to the Senate for consideration.

Permalink | | Categories: politics

 

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