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GA HB814
Bill
Status
Passed
2/26/2014
Primary Sponsor
Jason Spencer
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AI Summary
- Authorizes the City of St. Marys to exercise all redevelopment powers under Georgia's "Redevelopment Powers Law" (Chapter 44 of Title 36, O.C.G.A.), including the ability to create tax allocation districts (TADs), issue tax allocation bonds, and incur related obligations
- Requires a referendum to be held on the date of the May 2014 general primary, with election costs borne by the City of St. Marys
- Requires the municipal election superintendent to publish the date and purpose of the election once a week for two weeks prior in the official organ of Camden County
- Approval requires more than one-half of votes cast; if approved, the redevelopment powers take effect immediately
- If the referendum fails or is not conducted as specified, the Act is automatically repealed on January 1 following the election date
Legislative Description
St. Marys, City of; Redevelopment Powers Law; authorize
Last Action
Effective Date
2/26/2014
Full Bill Text
No bill text available