Georgia 2023-2024 Regular Session

Georgia Senate Bill SB297

Introduced
3/13/23  
Refer
3/14/23  
Introduced
3/13/23  
Report Pass
3/16/23  
Refer
3/14/23  
Report Pass
3/16/23  
Report Pass
3/27/23  
Engrossed
3/16/23  
Enrolled
4/5/23  
Report Pass
3/27/23  
Chaptered
5/1/23  
Enrolled
4/5/23  
Chaptered
5/1/23  

Caption

McIntosh County; redevelopment and other powers; referendum; provide

Impact

The passage of SB297 would grant McIntosh County the ability to implement specific redevelopment initiatives that may facilitate community improvement and economic growth. By authorizing the creation of tax allocation districts, the county can attract investment and promote revitalization efforts in economically distressed areas. However, these changes necessitate community engagement, as a referendum will be held to decide on the approval of this authority, ensuring that the residents have a direct say in the redevelopment strategies proposed by their local government.

Summary

Senate Bill 297 aims to authorize McIntosh County to exercise extensive redevelopment powers as provided under the Georgia Constitution and the Redevelopment Powers Law. This legislation is specifically designed to enable the county to undertake community redevelopment initiatives, create tax allocation districts, issue tax allocation bonds, and incur obligations for redevelopment projects. The bill emphasizes the county's empowerment to pursue economic development strategies that are permitted under existing laws, thereby expanding local governance capabilities in urban planning and financial management related to redevelopment efforts.

Sentiment

The sentiment surrounding SB297 appears largely supportive among local officials and proponents of economic development initiatives. Supporters argue that enhancing the county's redevelopment capabilities will lead to promising opportunities for growth and development in McIntosh County. Conversely, some community members may voice concerns regarding potential impacts on property taxes and the management of redevelopment funds, indicating a need for transparency and accountability in future projects. Overall, the general sentiment reflects a balance between enthusiasm for economic potential and caution regarding local governance and fiscal responsibility.

Contention

A notable point of contention related to SB297 is the automatic repeal clause. If the referendum does not pass, the entire act will be repealed, which raises concerns about the short timeline for implementation and community engagement in the decision-making process. Additionally, there may be apprehensions regarding the broad powers granted to the county, particularly around how redevelopment projects will be prioritized and funded. Ensuring that community voices are heard and adequately involved in redevelopment plans will be crucial for the bill's acceptance and successful execution.

Companion Bills

No companion bills found.

Similar Bills

IA HF2246

A bill for an act relating to the creation of land redevelopment trusts.

IA HSB124

A bill for an act relating to the creation of land redevelopment trusts.(See HF 665.)

IA SF655

A bill for an act relating to the creation of land redevelopment trusts.(Formerly SF 45.)

IA SF10

A bill for an act relating to the creation of land redevelopment trusts.(See SF 182.)

IA SF182

A bill for an act relating to the creation of land redevelopment trusts.(Formerly SF 10.)

IA SF45

A bill for an act relating to the creation of land redevelopment trusts.(See SF 655.)

IA HF28

A bill for an act relating to the creation of land redevelopment trusts.(See HF 1008.)

IA SF144

A bill for an act relating to the creation of land redevelopment trusts.