The House Committee on Intragovernmental Coordination offers the following substitute
to SB 151:
A BILL TO BE ENTITLED
AN ACT
To amend Chapter 62 of Title 36 of the Official Code of Georgia Annotated, relating to
development authorities, so as to provide that county development authorities for certain
counties shall not operate within certain municipalities; to provide for a definition; 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.
Chapter 62 of Title 36 of the Official Code of Georgia Annotated, relating to development
authorities, is amended by adding a new Code section to read as follows:
"36-62-4.1.
(a) As used in this Code section, the term 'massively municipalized county' means any
county without a consolidated or unified government in which the corporate limits of two
or more municipalities cover 95 percent or more of the land area of the county.
(b) No county development authority for a massively municipalized county shall purchase
or accept title to any real or personal property in connection with a property tax incentive
project within the parts of such county that are within the corporate limits of any
municipality that is located north of the northernmost corporate limit of the municipality
in which the county site of such county is located if the governing authority of the
municipality in which such property is located has adopted a resolution to limit such
development authority from operating within such municipality.
(c) The provisions of this Code section shall not apply to any project approved by a
development authority prior to January 1, 2026, nor shall any amendments, refinancing,
renewals, or the transfer of any property related to such prior projects be affected by this
Code section."
SECTION 2.
This Act shall become effective on January 1, 2026.
SECTION 3.
All laws and parts of laws in conflict with this Act are repealed.