Georgia HB 548

A BILL to be entitled an Act to amend an Act creating the Albany-Dougherty Inner City Authority, approved March 30, (Ga. L. 1977, p. 4220), as amended, particularly by an Act approved May 4, 2017 (Ga. L. 2017, p. 3954), so as to restate the law governing the authority; provide a short title; to provide definitions; to provide for the existence and membership of the authority; to provide for officers; to provide for conflicts of interest; to provide for powers of the authority; to provide for revenue bonds; to provide for rules, regulations, and other procedures; to provide for immunity; to provide for tax exemptions; to provide that authority property is not subject to levy and sale; to provide for the Act's effect on other governments; to provide for earnings and dissolution; to provide for construction; to provide for related matters; to repeal conflicting laws; and for other purposes.