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GA SB166
Bill
Status
Introduced
2/18/2009
Primary Sponsor
Eugene Pearson
Click for details
AI Summary
- Requires that leases of subdivided lots on Jekyll Island by the Jekyll Island–State Park Authority be set at amounts consistent with fair market rates, based on comparable resort property leases in Glynn County at the time the lease is entered into
- Retains the existing maximum lease term of 99 years for subdivided lots on Jekyll Island
- Applies only to leases entered into on or after the Act's effective date, leaving existing leases unaffected
- Takes effect upon approval by the Governor or upon becoming law without such approval
- Sponsored by Senators Pearson (51st), Tolleson (20th), Rogers (21st), and Williams (19th)
Legislative Description
Jekyll Island-State Park Authority; terms of leases of subdivided lots; provisions; provide for lease amounts
Last Action
Senate Read Second Time
3/22/2010
Committee Referrals
Natural Resources and the Environment2/18/2009
Full Bill Text
No bill text available