06 LC 28
3044S
The
House Committee on Governmental Affairs offers the following substitute
to
HB 547:
A
BILL TO BE ENTITLED
AN ACT
AN ACT
To
amend Code Section 36-71-4 of the Official Code of Georgia Annotated, relating
to calculation of and requirements relative to development impact fees imposed
by local governments, so as to provide a maximum amount of impact fees which may
be imposed with respect to the construction of a new single-family residence; to
provide for related matters; to repeal conflicting laws; and for other
purposes.
BE
IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:
SECTION
1.
Code
Section 36-71-4 of the Official Code of Georgia Annotated, relating to
calculation of and requirements relative to development impact fees imposed by
local governments, is amended by adding at its end a new subsection (s) to read
as follows:
"(s)
The total of all impact fees imposed with respect to the construction of a new
single-family residence constructed for sale shall not exceed $10,000.00 or 2
percent of the sales price, whichever is less. The amount of the impact fees
shall be determined as of the date of the issuance of a certificate of occupancy
for the residence. Where a single-family residence is constructed by the owner
for occupancy by the owner, the total of all impact fees imposed with respect to
the construction of the residence shall not exceed $10,000.00 or 2 percent of
the cost of the residence to the owner, including the costs of the land and
construction paid by the owner. The amount of the impact fees shall be
determined as of the date of the issuance of a certificate of occupancy for the
residence."
SECTION
2.
All
laws and parts of laws in conflict with this Act are repealed.