HB 1045 — Insurance; include flood risk reduction in the enumerated list of county purposes for which certain proceeds from county taxes shall be used
Senate Read and Referred
A BILL to be entitled an Act to amend Code Section 33-8-8.3 of the Official Code of Georgia Annotated, relating to the funding of services, or reduction of ad valorem taxes, in unincorporated areas of counties and powers and duties of governing authority, so as to include flood risk reduction in the enumerated list of county purposes for which certain proceeds from county taxes shall be used; to provide that funding for flood risk reduction shall be derived specifically from premium taxes; to provide for a definition; to provide for an effective date; to repeal conflicting laws; and for other purposes.
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