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GA HB709

Bill

Status

Passed

5/13/2025

Primary Sponsor

Victor Anderson

Click for details

Origin

House of Representatives

2025-2026 Regular Session

AI Summary

  • Authorizes the City of Demorest, Georgia, to exercise redevelopment powers under the state's "Redevelopment Powers Law," including creating tax allocation districts, issuing tax allocation bonds, and incurring other redevelopment-related obligations

  • Requires a referendum on the Tuesday following the first Monday in November 2025 for Demorest voters to approve or reject the redevelopment authority

  • Mandates election notice be published once at least 90 days before the election and once weekly for two weeks preceding the vote in the official organ of Habersham County

  • Redevelopment powers take effect immediately if more than half of voters approve; if rejected or the election is not held, the Act automatically repeals on January 1 following the election date

  • City of Demorest bears all costs of the referendum election

Legislative Description

Demorest, City of; Redevelopment Powers Law; provide for a referendum

Last Action

Effective Date 2025-05-13

5/13/2025

Committee Referrals

State and Local Governmental Operations3/31/2025
Intragovernmental Coordination3/4/2025

Full Bill Text

No bill text available