Bill Text: GA HB1388 | 2009-2010 | Regular Session | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Development authorities; change a certain definition

Spectrum: Slight Partisan Bill (Republican 5-2)

Status: (Passed) 2010-07-01 - Effective Date [HB1388 Detail]

Download: Georgia-2009-HB1388-Introduced.html

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10 LC 38 1093

House Bill 1388

By: Representatives Bearden of the 68th, Lunsford of the 110th, Willard of the 49th, Porter of the 143rd, Abrams of the 84th, and others

A BILL TO BE ENTITLED
AN ACT

To amend Code Section 36-62-2 of the Official Code of Georgia Annotated, relating to definitions regarding development authorities, so as to change a certain definition; to provide for related matters; to repeal conflicting laws; and for other purposes.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:

SECTION 1.

Code Section 36-62-2 of the Official Code of Georgia Annotated, relating to definitions regarding development authorities, is amended in paragraph (6) by adding a new subparagraph to read as follows:

"(K.1) The provision of financing to property owners for the purpose of installing or modifying improvements to their property in order to reduce the energy or water consumption on such property or to install an improvement to such property that produces energy from renewable resources;"

SECTION 2.

All laws and parts of laws in conflict with this Act are repealed.