A BILL to be entitled an Act to amend Chapter 7 of Title 52 of the Official Code of Georgia Annotated, relating to registration, operation, and sale of watercraft, so as to provide for the titling of certain vessels; to provide for procedures with regard to titling such vessels; to provide for legislative intent and findings; to provide a short title; to amend Part 1 of Article 1 of Chapter 8 of Title 48 of the Official Code of Georgia Annotated, relating to general provisions regarding sales and use taxes, so as to provide for a cap on the sales and use tax on the purchase or lease of a vessel; to provide for definitions; to provide for related matters; to provide an effective date; to repeal conflicting laws; and for other purposes.