GeorgiaSB 2372025-2026 Regular SessionSenateWALLET

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

3 provisions identified: 2 benefits, 0 costs, 1 mixed.

Authority can fund more local projects

The law expands what counts as a project for the Newton County Public Facilities Authority. It now covers buildings, facilities, and equipment for the county, its departments, the school district, and cities in the county. The Authority can sign contracts, leases, and installment sale agreements to buy, build, run, sell, or finance these projects. Newton County, the school district, cities, and private parties can enter these deals with the Authority.

If dissolved, assets go to county

If the Authority is dissolved, its assets become Newton County property by default. A project agreement can set a different owner.

New rules for Authority revenue bonds

The Authority can borrow money and issue revenue bonds or other obligations to pay project costs or refund old debt. Principal and interest are paid only from pledged revenues or property, and the bonds must say they are not debts of the county, school system, cities, or the state. The law does not require the county or state to levy taxes or make appropriations to pay the bonds. Bond maturities cannot be longer than 40 years. For school district or city projects, the County Board of Commissioners must approve any bond issue, and local governments may sign contracts to cover operating costs and debt service.

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

Senate vote 3/3/2025

LOCAL CONSENT CALENDAR

Yes: 52 • No: 0

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)

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