Official Code of Georgia Annotated

Title 50. STATE GOVERNMENT · Chapter 37. GUARANTEED ENERGY SAVINGS PERFORMANCE CONTRACTING

50-37-5. Funding for contracts.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

(a)
A governmental unit may use funds designated for operating, utilities, or capital expenditures for any guaranteed energy savings performance contract, including, without limitation, for purchases on an installment payment or lease purchase basis.#
(b)
During the life of the contract, grants, subsidies, or other payments from the state to a governmental unit shall not be reduced as a result of energy savings obtained as a result of a guaranteed energy savings performance contract.#

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

Code 1981, § 50-37-5, enacted by Ga. L. 2010, p. 1091, § 2/SB 194.

Read the official page (the state's PDF, opened at the page this text was read from).

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t50-ch13-40-(v38a)-2021-pdf.pdf, Volume V38A, 2021 edition, page 773; merge action: carried; file SHA-256 1cacff3315fb.