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GeorgiaSB 2372025-2026 Regular SessionSenate

Newton County Public Facilities Authority; contracts and borrowing of funds; revise provisions

Sponsored By: Tonya Anderson (Democrat), Brian Strickland (Republican)

Signed by Governor

Intragovernmental CoordinationState and Local Governmental OperationsLocal Bill

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Bill Overview

Analyzed Economic Effects

4 provisions identified: 2 benefits, 0 costs, 2 mixed.

Newton County expands public project options

The Newton County Public Facilities Authority can support more kinds of public buildings, facilities, and equipment. Projects can serve county offices, the school district, local towns and cities, or purposes allowed by the Revenue Bond Law. The authority can use contracts, leases, installment sales, and other agreements with these governments and other people or organizations. Agreements can cover buying, building, expanding, improving, equipping, running, maintaining, selling, or financing projects. Each party must choose terms and purposes it considers advisable and is legally allowed to undertake.

Newton County receives dissolved authority assets

When the Newton County Public Facilities Authority dissolves, its assets become county property. A project agreement can direct those assets elsewhere. The law sets no dissolution date or asset value.

Newton County bonds limit government liability

Authority revenue bonds are not debts of Georgia, Newton County, its school system, or its local towns and cities. They do not carry these governments' general credit backing or require taxes or public funds for repayment. Bonds must state these limits. However, government agreements for authority services or facilities can require payments covering operating costs and debt principal and interest.

Newton County borrowing expands with limits

The Newton County Public Facilities Authority can borrow money and issue bonds or other debt for its authorized purposes. Revenue bonds can pay all or part of project costs or refinance earlier bonds and other debt. The authority sets bond terms, but repayment cannot extend beyond 40 years after issuance. Principal and interest are paid only from revenues and property pledged for repayment. Bonds for school district or local town and city projects require approval from the Newton County Board of Commissioners.

Sponsors & Cosponsors

Sponsors

  • Tonya Anderson

    Democrat • Senate

  • Brian Strickland

    Republican • Senate

Cosponsors

  • Tim Fleming

    Republican • House

Roll Call Votes

All Roll Calls

Yes: 210 • No: 0

House vote • 3/21/2025

Local Calendar

Yes: 158 • No: 0 • Other: 9

Senate vote • 3/3/2025

LOCAL CONSENT CALENDAR

Yes: 52 • No: 0 • Other: 4

Actions Timeline

  1. Senate Date Signed by Governor

    5/13/2025Senate

  2. Act 246

    5/13/2025

  3. Effective Date

    5/13/2025

  4. Senate Sent to Governor

    4/7/2025Senate

  5. House Committee Favorably Reported

    3/21/2025House

  6. House Third Readers

    3/21/2025House

  7. House Passed/Adopted

    3/21/2025House

  8. House Second Readers

    3/6/2025House

  9. House First Readers

    3/4/2025House

  10. Senate Committee Favorably Reported

    3/3/2025Senate

  11. Senate Passed/Adopted

    3/3/2025Senate

  12. Senate Read and Referred

    2/24/2025Senate

  13. Senate Hopper

    2/21/2025Senate

Bill Text

  • SB 237/AP* (v6)

    PDF

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