LOCAL GOVERNMENT Organization of County Government: Amend Title 36 of the Official Code of Georgia Annotated, Relating to Local Government, so as to Provide for a Comprehensive Program for the Creation of Infrastructure Development Districts; Provide for a Short Title; Provide for Definitions; Provide for the Powers, Duties, and Authority of Infrastructure Development Districts; Provide for a Board to Administer Infrastructure Development Districts; Provide for Appointment or Election of Members of an Infrastructure Development District Board; Provide for Fees and Assessments; Provide for the Debt of Infrastructure Development Districts; Provide for Bonds, Notes and Other Obligations of Infrastructure Development Districts; Provide for the Form of Bonds; Provide for Consolidation, Termination, or Dissolution of Infrastructure Development Districts; Provide for Notice of the Creation of the District; Amend Chapter 5 of Title 12 of the Official Code of Georgia Annotated, Relating to Water Resources, so as to Change Certain Provisions Regarding Permits for Discharging Pollutants into Waters; to Change Certain Provisions Regarding Permits for Surface-Water Withdrawal, Diversion, or Impoundment; to Change Certain Provisions Regarding Permits for Withdrawing, Obtaining, or Using Ground Water; Provide for Related Matters; Provide a Contingent Effective Date; Provide for Automatic Repeal Under Certain Circumstances; Repeal Conflicting Laws; and for Other Purposes

Authors

Georgia State University Law Review

Document Type

Peach Sheet

Abstract

The Act authorizes the General Assembly to create infrastructure development districts (IDDs) by general law. An IDD is a geographic area in which developers may issue tax exempt bonds to finance infrastructure that supports new development inside the district. These new entities will provide a way for local governments experiencing population growth pressures to transfer the cost of financing public infrastructure to the private sector. The Act establishes procedures that allow landowners to petition a local government to create an IDD and, if approved, the procedures for creating a governing board. Most significantly, it provides the governing board with the authority to fund projects and maintain district infrastructure by borrowing money, issuing tax-exempt bonds, and levying assessments on new landowners, without regard to constitutional debt limitations. Senate Resolution 309 is enabling legislation for Senate Bill 200, and calls for a constitutional amendment that would authorize the Georgia General Assembly to create and regulate Infrastructure Development Districts.

Recommended Citation

Georgia State University Law Review, LOCAL GOVERNMENT Organization of County Government: Amend Title 36 of the Official Code of Georgia Annotated, Relating to Local Government, so as to Provide for a Comprehensive Program for the Creation of Infrastructure Development Districts; Provide for a Short Title; Provide for Definitions; Provide for the Powers, Duties, and Authority of Infrastructure Development Districts; Provide for a Board to Administer Infrastructure Development Districts; Provide for Appointment or Election of Members of an Infrastructure Development District Board; Provide for Fees and Assessments; Provide for the Debt of Infrastructure Development Districts; Provide for Bonds, Notes and Other Obligations of Infrastructure Development Districts; Provide for the Form of Bonds; Provide for Consolidation, Termination, or Dissolution of Infrastructure Development Districts; Provide for Notice of the Creation of the District; Amend Chapter 5 of Title 12 of the Official Code of Georgia Annotated, Relating to Water Resources, so as to Change Certain Provisions Regarding Permits for Discharging Pollutants into Waters; to Change Certain Provisions Regarding Permits for Surface-Water Withdrawal, Diversion, or Impoundment; to Change Certain Provisions Regarding Permits for Withdrawing, Obtaining, or Using Ground Water; Provide for Related Matters; Provide a Contingent Effective Date; Provide for Automatic Repeal Under Certain Circumstances; Repeal Conflicting Laws; and for Other Purposes, 24 Ga. St. U. L. Rev. (2012).
Available at: https://readingroom.law.gsu.edu/gsulr/vol24/iss1/13