Bill > SB151

This bill introduces a new restriction on county development authorities in counties that are "massively municipalized" - defined as counties where two or more municipalities cover 95% or more of the county's land area. Specifically, the bill prevents county development authorities from purchasing or accepting property titles for tax incentive projects within municipalities located north of the county's primary municipality, but only if that specific municipality has adopted a resolution prohibiting such development authority actions. The bill includes an important grandfather clause that allows any projects approved by a development authority before January 1, 2026, to proceed without being affected by these new restrictions, including any related amendments, refinancing, renewals, or property transfers. While the bill does not name specific counties, it appears targeted at creating limitations for development authorities in counties with extensive municipal coverage, likely focusing on the North Fulton area near Atlanta. The new provisions will take effect on January 1, 2026, giving municipalities and development authorities time to adjust to the new regulations.

Government Affairs

https://www.legis.ga.gov/legislation/70239