---
title: O.C.G.A. § 36-82-198. Flexible share carryforward funds.
collection: code
id: 36-82-198
cite_as: O.C.G.A. § 36-82-198 (2025)
canonical_url: https://georgiacommons.org/code/36-82-198
md_url: https://georgiacommons.org/code/36-82-198.md
text_url: https://georgiacommons.org/code/36-82-198/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t36-ch60-92-(v27a)-2025-pdf.pdf?sfvrsn=1fad51cc_0#page=557
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
license: CC0-1.0
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
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version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Session of the General Assembly of Georgia
heading_path: LOCAL GOVERNMENT / Provisions Applicable to Counties, Municipal Corporations, and Other Governmental Entities / BONDS / GEORGIA ALLOCATION SYSTEM
---

# O.C.G.A. § 36-82-198. Flexible share carryforward funds.

The department may set aside and reserve from the flexible share amounts which may be treated as a carryforward for one or more carryforward purposes, within the meaning of Section 146 of the Federal Code. Section 146 of the Federal Code requires an election for the use of such carryforward to a future year or years, and regulations with respect to such carryforwards may be promulgated under the Federal Code. The department shall promulgate such rules and procedures as may be necessary in order to use the provisions of the Federal Code and any regulations promulgated pursuant to the Federal Code for such carryforward. The amount of any such carryforward which is set aside and reserved shall be subtracted from the outstanding amount of the flexible share with the same effect as if a notice of allocation were in the amount of the carryforward and confirmation of issuance were received prior to the expiration date.

## History

Code 1981, § 36-82-205, enacted by Ga. L. 1987, p. 486, § 1; Code 1981, § 36-82-198, as redesignated by Ga. L. 1990, p. 817, § 1.

## Editor's Notes

Ga. L. 1990, p. 817, § 1, effective April 4, 1990, repealed former Code Section 36-82-198, which was based on Ga. L. 1987, p. 486, § 1, and which established the flexible pool, the farm loan pool, and the competitive pool.