§ 46-155. Business license tax levied.

In accordance with O.C.G.A. § 48-6-93, there is hereby levied for the year 1984, and for each year thereafter, an annual business license tax upon the depository financial institutions located within the city at a rate of 0.25 percent of the gross receipts of such depository financial institution. The term "gross receipts" shall mean gross receipts as defined in O.C.G.A. § 48-6-93. Depository financial institutions shall mean state and national banks, state building and loan associations and federal savings and loan associations.

(Code 1986, § 14-91; Ord. of 12-28-1983, § 1)