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GA HB1026

GA HB1026
State government; Southeast Georgia Soap Box Derby as official soap box derby of the State of Georgia; designate


summary

Introduced
01/24/2024
In Committee
03/20/2024
Crossed Over
02/09/2024
Passed
04/03/2024
Dead
Signed/Enacted/Adopted
05/06/2024

Introduced Session

2023-2024 Regular Session

Bill Summary

AN ACT To amend Title 50 of the Official Code of Georgia Annotated, relating to state government, so as to provide for economic initiatives in this state; to designate the Southeast Georgia Soap Box Derby as the official soap box derby of the State of Georgia; to provide for promotion of the Southeast Georgia Soap Box Derby; to enact the "Richard H. Smith Georgia CHIPS Advancement in Research and Economic Development Act"; to provide for definitions; to provide for grant and loan programs to incentivize and attract semiconductor companies to locate or relocate to this state; to provide for research and development and advanced packaging incentives to support such relocations; to provide for the establishment and purposes of the Governor's CHIPS Economic Development Fund and the Research and Development and Advanced Packaging Incentives Fund; to establish the Georgia CHIPS and Advanced Technology Consortium to serve as an advisory body; to provide for an executive committee and its duties; to provide for related matters; to provide for legislative findings; to provide for an effective date; to repeal conflicting laws; and for other purposes.

AI Summary

This bill designates the Southeast Georgia Soap Box Derby in Lyons, Georgia, as the official soap box derby of the State of Georgia. It also enacts the "Richard H. Smith Georgia CHIPS Advancement in Research and Economic Development Act," which establishes grant and loan programs to attract semiconductor companies to locate or relocate to Georgia. The bill creates the Governor's CHIPS Economic Development Fund and the Research and Development and Advanced Packaging Incentives Fund to support these efforts. Additionally, it establishes the Georgia CHIPS and Advanced Technology Consortium as an advisory panel to oversee the administration of the grant and loan programs.

Committee Categories

Business and Industry, Government Affairs

Sponsors (7)

Last Action

Effective Date 2024-05-06 (on 05/06/2024)

Taxonomy

Government Operations
  • ‐ National Symbols and Monuments
Macroeconomics
  • ‐ Industrial Policy

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