Georgia CommonsSR 919: Coastal Area District Development Authority, Inc.; congratulate
Última acción: 9 de marzo de 2026 · Senate Read and Adopted
A Georgia Senate resolution congratulates the Coastal Area District Development Authority on its 50th anniversary of providing small business lending in coastal Georgia and neighboring areas.
Los resúmenes de abajo son traducciones de resúmenes en inglés escritos por un modelo de IA (claude-sonnet-5) a partir del texto de la resolución; no forman parte de él. La resolución está en inglés. Cite el texto, no el resumen. El texto almacenado es la versión Enrolled, la más reciente que tiene LegiScan.
El resumen en español de este proyecto de ley se está preparando. Mientras tanto se muestra el resumen en inglés.
En lenguaje claro
This resolution is a ceremonial statement from the Georgia Senate rather than a change to state law. It recognizes the Coastal Area District Development Authority, Inc. (CADDA), a nonprofit founded in 1976, as it marks its 50th anniversary in 2026. The resolution describes CADDA's mission of providing economic development loans to small businesses and industries in Georgia, North Florida, and coastal South Carolina, and credits the organization with funding more than 1,300 small business loans, investing over $526 million into the region, and helping create or retain more than 9,300 jobs. The Senate formally congratulates and commends CADDA and directs the Secretary of the Senate to send the organization a copy of the resolution.
Qué hace el proyecto de ley
- Formally congratulates and commends the Coastal Area District Development Authority, Inc. on its 50th anniversary.
- Recites CADDA's history and record, including more than 1,300 small business loans and over $526 million invested in the region.
- Directs the Secretary of the Senate to prepare and distribute an official copy of the resolution to CADDA.
- Creates no new law, funding, or regulatory change; it is a symbolic honor rather than a policy action.
A quién afecta
The resolution directly names the Coastal Area District Development Authority, Inc., its employees, and the small businesses and communities in coastal Georgia, North Florida, and coastal South Carolina that it has funded through economic development loans.
Por qué importa
The resolution has no legal or regulatory effect on Georgians; it is a formal statement of recognition. Its practical significance is limited to publicly acknowledging CADDA's decades of small business lending and job creation work in the coastal region.
Disposiciones clave
- The resolution recites CADDA's founding in 1976 and its mission of economic development lending to small businesses in Georgia, North Florida, and South Carolina's low country.
- It states CADDA has funded over 1,300 small business loans and invested more than $526 million, supporting over 9,300 jobs.
- The resolving clause formally congratulates and commends CADDA and extends best wishes for its continued success.
- A further clause directs the Secretary of the Senate to make a copy available for distribution to CADDA.
Del proyecto de ley
“CADDA has funded more than 1,300 small business loans, helped to invest over $526 million into communities throughout Coastal Georgia and beyond, and supported the creation and retention of more than 9,300 jobs”
Cronología del estado
- Senate Read and Adopted (Senado)
- Senate Hopper (Senado)
Patrocinadores
- Mike Hodges (R, SD-003)
- Brian Strickland (R, SD-042)
- Bo Hatchett (R, SD-050)
- John Albers (R, SD-056)
- Gail Davenport (D, SD-017)
- Tonya Anderson (D, SD-043)
- Chuck Payne (R, SD-054)
- Shawn Still (R, SD-048)
- Chuck Hufstetler (R, SD-052)
- Drew Echols (R, SD-049)
- Timothy Bearden (R, SD-030)
- Ricky Williams (R, SD-025)
Temas
- economic development
- small business lending
- coastal Georgia
- legislative commendation