GA HB416

Amends Georgia's enterprise zone law to narrow which retailers can be assessed annual infrastructure fees—limiting collection to qualifying businesses making sales transactions that are exempted from sales and use tax, rather than all retailers operating within the project boundaries

Enterprise zones qualifying under subsection (g) must be in urban redevelopment areas with at least $400 million in capital investment for redevelopment of areas certified as chronically underdeveloped for 20+ years

Changes the duration of qualifying enterprise zones from 30 years to ending when the first revenue bonds issued with principal exceeding $100,000 are retired, rather than when the redevelopment project is complete and all bonds are retired

Local governments may pledge collected infrastructure fees as security for revenue bonds issued for development or infrastructure within the enterprise zone

Excludes projects involving or related to casino gambling from these enterprise zone provisions