Bill Text: GA SR84 | 2011-2012 | Regular Session | Enrolled
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: General Assembly; authorize state entities to enter into multiyear rental agreements; procedures, conditions, and limitations-CA
Spectrum: Partisan Bill (Republican 6-0)
Status: (Passed) 2012-05-03 - Act 761 [SR84 Detail]
Download: Georgia-2011-SR84-Enrolled.html
Bill Title: General Assembly; authorize state entities to enter into multiyear rental agreements; procedures, conditions, and limitations-CA
Spectrum: Partisan Bill (Republican 6-0)
Status: (Passed) 2012-05-03 - Act 761 [SR84 Detail]
Download: Georgia-2011-SR84-Enrolled.html
11 LC
35 2016
Senate
Resolution 84
By:
Senators Carter of the 1st, Jackson of the 24th, Staton of the 18th, Rogers of
the 21st, Williams of the 19th and others
ADOPTED
SENATE
A
RESOLUTION
Proposing
an amendment to the Constitution so as to authorize the General Assembly to
allow state entities to enter into multiyear rental agreements without
obligating present funds for the full obligation to the state under the full
term of such agreements; to provide for procedures, conditions, and limitations;
to provide for the submission of this amendment for ratification or rejection;
and for other purposes.
BE
IT RESOLVED BY THE GENERAL ASSEMBLY OF GEORGIA:
SECTION
1.
Article
VII, Section IV of the Constitution is amended by adding a new Paragraph to read
as follows:
"Paragraph
XIII.
Multiyear
rental
agreements.
The General Assembly may by general law authorize the State Properties
Commission and the Board of Regents of the University System of Georgia to enter
into rental agreements for the possession and use of real property without
obligating present funds for the full amount of obligation the state may bear
under the full term of any such rental agreement. Any such agreement shall
provide for the termination of the agreement in the event of insufficient funds
and shall limit the payments or other obligations of the state to not more than
ten fiscal years, or, in the case of a sale leaseback, to not more than 20
fiscal years. For the purposes of calculating fiscal years, any portion of a
fiscal year shall count as a complete fiscal
year."
SECTION
2.
The
above proposed amendment to the Constitution shall be published and submitted as
provided in Article X, Section I, Paragraph II of the Constitution. The ballot
submitting the above proposed amendment shall have written or printed thereon
the following:
"( ) YES
( ) NO
|
Shall
the Constitution of Georgia be amended so as to provide for a reduction in the
state's operating costs by authorizing the General Assembly to provide for the
State Properties Commission and the Board of Regents of the University System of
Georgia to enter into multiyear rental agreements?"
|
All
persons desiring to vote in favor of ratifying the proposed amendment shall vote
"Yes." All persons desiring to vote against ratifying the proposed amendment
shall vote "No." If such amendment shall be ratified as provided in said
Paragraph of the Constitution, it shall become a part of the Constitution of
this state.