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GA SB13

GA SB13
Georgia Environmental Finance Authority; finance and perform certain duties in connection with projects relating to natural gas facilities; authorize


summary

Introduced
01/15/2025
In Committee
03/18/2025
Crossed Over
02/24/2025
Passed
04/07/2025
Dead
Signed/Enacted/Adopted
05/14/2025

Introduced Session

2025-2026 Regular Session

Bill Summary

AN ACT To amend Chapter 23 of Title 50 of the Official Code of Georgia Annotated, relating to the Georgia Environmental Finance Authority, so as to authorize the authority to finance and perform certain duties in connection with projects relating to natural gas facilities and conversion of electrical lines; to revise definitions; to provide for rules and regulations; to provide for limited liability; to provide for related matters; to provide for an effective date; to repeal conflicting laws; and for other purposes.

AI Summary

This bill expands the powers and responsibilities of the Georgia Environmental Finance Authority (GEFA) by adding natural gas facilities and underground electrical line conversion to its scope of work. Specifically, the bill broadens the definition of "environmental facilities" to include storing, supplying, and distributing natural gas outside of existing certified areas, as well as converting electrical lines from above-ground to underground. The bill also adds a new definition for "natural gas facility" and provides GEFA with the authority to create rules and regulations related to these new areas of responsibility. Additionally, the bill revises language about personal liability for GEFA members to include natural gas systems alongside existing systems like solid waste and sewerage. This expansion allows GEFA to provide financing and perform administrative duties for natural gas infrastructure projects and electrical line conversions, potentially supporting infrastructure development and modernization in Georgia. The bill will become effective upon the Governor's approval or when it automatically becomes law.

Committee Categories

Business and Industry, Transportation and Infrastructure

Sponsors (22)

Last Action

Effective Date 2025-05-14 (on 05/14/2025)

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