GA HB642

Adds Chapter 77 to Title 36 of the Georgia Code, establishing a framework for local governing authorities to create special improvement districts focused on multi-use trail projects that are part of surface transportation projects impacting 10,000 or more acres and at least ten transit miles

Allows district creation based on a written petition signed by either 51% of taxpayers (including 51% of commercial residential property taxpayers) or taxpayers owning 75% of assessed taxable property value in the proposed district

Authorizes governing authorities to levy annual millage, fees, and assessments on tangible property within the district, with proceeds segregated and used exclusively for district purposes such as design, acquisition, and improvement of multi-use trails

Permits property owners subject to taxation within the district to form a recommendations committee of approximately seven members to advise the governing authority on taxes, expenditures, debt, boundaries, and governance of the district

Districts terminate at the earlier of 30 years from creation or full payment of all outstanding debt; total debt incurred on behalf of a district cannot exceed 10% of assessed taxable property value and requires majority voter approval within the district