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GA HB1357
Bill
Status
2/26/2026
Primary Sponsor
Lehman Franklin
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AI Summary
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Amends the Act creating the Bulloch County Public Facilities Authority (originally approved June 30, 2020) to expand the definition of "project" to include any undertaking permitted by the Revenue Bond Law
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Authorizes the authority to issue revenue bonds to pay project costs and refund previously issued bonds, with principal and interest payable solely from pledged revenues and properties
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Prohibits the authority from issuing revenue bonds to finance projects for Bulloch County School District or any other political subdivision or municipal corporation within Bulloch County, except for Bulloch County itself
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Limits revenue bond maturities to a maximum of 40 years
Legislative Description
Bulloch County Public Facilities Authority; revenue bonding authority; revise provisions
Last Action
Senate Passed/Adopted
3/6/2026