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GA HR1871

Resolution

Official Source

Status

Introduced

3/20/2012

Primary Sponsor

Ed Setzler

Click for details

Origin

House of Representatives

2011-2012 Regular Session

AI Summary

  • Urges the Georgia World Congress Center Authority to apply free market principles to any contracts, leases, or property purchases related to building a new Atlanta Falcons stadium on World Congress Center property
  • Specifies that land purchased through a $15 million bond authorized in the 2013 General Assembly budget for World Congress Center expansion should not be allocated for a stadium project at below fair market value
  • Notes that the 2013 bond funding for World Congress Center expansion was approved while cuts were being made to many other state programs, raising concerns about taxpayer dollar usage
  • Acknowledges that both the World Congress Center and the Atlanta Falcons franchise generate hundreds of millions of dollars in economic activity for Georgia
  • Directs the Clerk of the House of Representatives to transmit the resolution to the public and the press

Legislative Description

Georgia World Congress Center Authority; use free market principles with any contracts or rights for a new Atlanta Falcons stadium; urge

Last Action

House Second Readers

3/21/2012

Committee Referrals

Economic Development and Tourism3/20/2012

Full Bill Text

No bill text available