Bill Text: GA HB352 | 2011-2012 | Regular Session | Introduced

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Bill Title: Toll extensions; no tolls on projects free from interest on public indebtedness; provide

Sponsorship: Partisan Bill (Republican 6)

Status: (Introduced - Dead) 2011-02-28 - House Second Readers [HB352 Detail]

Download: Georgia-2011-HB352-Introduced.html

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11 LC 34 2930

House Bill 352

By: Representatives Martin of the 47th, Riley of the 50th, Wilkinson of the 52nd, Geisinger of the 48th, Jones of the 46th, and others

A BILL TO BE ENTITLED
AN ACT

To amend Code Section 32-10-65.1 of the Official Code of Georgia Annotated, relating to the expiration and extension of tolls by the State Road and Tollway Authority, so as to provide that toll extensions must be approved by the General Assembly; to provide that no tolls shall be charged on projects that are free from interest on public indebtedness; to provide for legislative reports; to provide for related matters; to provide for an effective date; to repeal conflicting laws; and for other purposes.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:

SECTION 1.

Code Section 32-10-65.1 of the Official Code of Georgia Annotated, relating to the expiration and extension of tolls by the State Road and Tollway Authority, is revised to read as follows:

"32-10-65.1.

Every toll established under this article must expire after a specified period of time and may be extended beyond said time only by approval of the State Road and Tollway Authority and the General Assembly through passage of a joint resolution. No toll shall be charged on any project or portion of a project subject to a toll on January 1, 2011, that is not obligated for any interest payments on public indebtedness. The authority shall review all projects that are subject to tolls as of January 1, 2011, and implement a schedule to pay off all interest due on these projects at the earliest possible date. The authority shall deliver a report on the progress in eliminating these interest payments and tolls to the Speaker of the House of Representatives, the Lieutenant Governor, and the chairpersons of the House and Senate transportation committees on or before January 1, 2012."

SECTION 2.

This Act shall become effective upon its approval by the Governor or upon its becoming law without such approval.

SECTION 3.

All laws and parts of laws in conflict with this Act are repealed.