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GA HB816
Bill
Status
Passed
5/13/2025
Primary Sponsor
Trey Rhodes
Click for details
AI Summary
- Creates the Greene County Public Facilities Authority as a public body corporate and political subdivision of Georgia with perpetual existence
- Authority consists of 5 members appointed by the Greene County Board of Commissioners, serving 4-year terms after initial appointments; members must be at least 21 years old, Greene County residents for 2+ years, and have no felony convictions
- Authorizes the authority to issue revenue bonds (maximum 40-year maturity) to finance public buildings, facilities, and equipment for the county, school district, and municipalities within Greene County
- Revenue bonds are payable solely from project revenues and do not constitute debt of Greene County or the State of Georgia; bonds and authority income are exempt from state and local taxes
- Authority has power to acquire property through purchase or condemnation, enter contracts and leases, accept federal and state grants, and set rates and fees for services; upon dissolution, all assets revert to Greene County
Legislative Description
Greene County Public Facilities Authority Act; enact
Last Action
Effective Date 2025-05-13
5/13/2025
Committee Referrals
State and Local Governmental Operations3/31/2025
Intragovernmental Coordination3/25/2025
Full Bill Text
No bill text available