HB 137 - Georgia Transportation Infrastructure Bank Act; enact

Committees

Current Status

01/26/05 - House Second Readers

First Reader Summary

A BILL to be entitled an Act to amend Chapter 23 of Title 50 of the O.C.G.A., relating to the Georgia Environmental Facilities Authority, so as to enact the "Georgia Transportation Infrastructure Bank Act"; to create the Georgia Transportation Infrastructure Bank as an instrumentality of the state within the Georgia Environmental Facilities Authority; to provide for governance of the bank by the members of the authority; to provide for the functions of the bank in general and in particular with respect to the financing of transportation projects of government units and private entities contracting with government units; to define terms; to provide for the powers, duties, governance, and operations of the bank; to provide for capitalization of the bank and funding sources; to authorize the issuance of bonds by the authority for purposes of the bank; to provide for other related matters; to repeal conflicting laws; and for other purposes.

Status History

Bill History
Date Action
01/25/2005 House First Readers
01/26/2005 House Second Readers

Versions