HB 428: Downtown development authorities; authorize assessmentsVoted on Friday March 3, 2017
John Pezold's thoughts
This bill changes Georgia code to authorize assessments for downtown development authorities. An assessment can be levied and collected when a written contract regard the assessment is executed by the property owner, the authority, and the project administrator.
The contract must be administratively acknowledged by the relevant local jurisdiction under the taxing authority and a notice of the assessment is recorded in the property records of the relevant local jurisdiction.
The table below breaks down the total number of votes, and marks the majority vote.
|Did not vote||3||1.7%|