Georgia Gov. Nathan Deal recently signed into law a revamped Georgia Tourism Development Act – and that could mean Lake Winnepesaukah Amusement Park gets a tax break on SoakYa, its under-construction water park.
“We have been told that it’s all about businesses like Lake Winnie,” said state Sen. Jeff Mullis, R-Chickamauga.
The new law allows sales tax exemptions for certain projects to stimulate the creation or expansion of tourist attractions. Each project must meet the following criteria:
• It must cost a minimum of $1 million.
• It must attract at least 25 percent of its visitors from out of state by its third year.
