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GA HB1348
Bill
Status
Introduced
2/21/2024
Primary Sponsor
Teddy Reese
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AI Summary
- Removes the prohibition on elected or appointed officials and employees of political subdivisions from voluntarily acquiring direct or indirect interests in property within redevelopment areas
- Replaces the requirement for "immediate disclosure" of involuntarily acquired interests with a requirement to disclose any such interest in writing to the local legislative body, with the disclosure entered upon the body's minutes
- Eliminates the restriction that barred officials with pre-existing property interests in a redevelopment area from participating in government actions affecting that property
- Retains the requirement that officials who acquired property interests within two years prior to a redevelopment plan submission must disclose those interests in writing at least 30 days before the plan's adoption date
- Contracts or transactions where required disclosures are not made remain voidable by the local legislative body, and failure to comply with disclosure requirements still constitutes misconduct in office
Legislative Description
Local government; authorize acquisition of property interests by municipal elected and appointed officials; provisions
Last Action
House Second Readers
2/26/2024
Committee Referrals
Governmental Affairs2/22/2024
Full Bill Text
No bill text available