Bill > HB462

This bill authorizes Toombs County to exercise redevelopment powers as outlined in the Georgia Constitution and the "Redevelopment Powers Law" (Chapter 44 of Title 36 of the Official Code of Georgia Annotated). Specifically, the bill allows the county to undertake community redevelopment projects, create tax allocation districts, and issue tax allocation bonds. To implement these powers, the bill mandates a referendum to be held on the Tuesday after the first Monday in November 2025, where voters will decide whether to approve the expanded redevelopment powers. The ballot will ask voters to approve or reject the act, with a "Yes" vote supporting the expanded powers and a "No" vote opposing them. If more than half of the votes cast are in favor, Section 1 of the act will take full effect immediately; if not, the act will be automatically repealed on the first day of January following the election. The election superintendent is responsible for conducting the election, publishing notices, and certifying the results to the Secretary of State, with the county bearing the election expenses.

Government Affairs

https://www.legis.ga.gov/legislation/70349