HB 553 — Local Government Equipment Financing Authority Act; create
House Date Vetoed by Governor
A BILL to be entitled an Act to amend Title 36 of the Official Code of Georgia Annotated, relating to local government, so as to provide for comprehensive regulation of local government equipment financing; to provide for a short title; to provide for legislative purposes; to provide for definitions; to create the Local Government Equipment Financing Authority; to provide for members, qualifications, officers, meetings, and procedures; to provide for powers, duties, and authority of the authority; to provide for procedures, conditions, and limitations; to provide for certain bonds, notes, certificates, bond anticipation notes, and other evidences of indebtedness; to provide for related matters; to provide for an effective date; to repeal conflicting laws; and for other purposes.
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