Bill > HB850

This bill creates the Savannah State Farmers Market Authority, a public body corporate and politic that will be governed by a board of trustees. The authority is empowered to acquire property, issue revenue bonds, and take other actions to develop and operate a state-of-the-art farmers market facility in Savannah, Georgia. The purpose of the authority is to create an economic engine for rural farmers in the region, attract farmers from across the Georgia coast, showcase the state's agricultural programs, and develop a new farmers market design with stalls, commercial kitchen, and entertainment stage. The authority will have the power to issue revenue bonds to fund the project, and the revenue bonds will be exempt from state taxation.