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SB 99 - Lake Lanier Island Dev. Auth. - purposes for expending revenue

Broun, Paul C (46th)	Cagle, Casey (49th)	Madden, Eddie M (47th)

Status Summary	SC:	EDT&C	HC:	Ind	FR:	02/02/99	LA:	04/28/99	Signed by Governor

First Reader Summary

A bill to amend Part 3 of Article 7 of Chapter 3 of Title 12 of the Official Code of Georgia Annotated, relating to the Lake Lanier Islands Development Authority, so as to expand the purposes for which the authority may expend income and revenue.

Code Sections - 12-3-318

SB 99  99                                             SB99/AP 
 
      SENATE BILL 99 
 
      By:  Senators Broun of the 46th, Cagle of the 49th, 
           Madden of the 47th and others 
 
                        A BILL TO BE ENTITLED 
                               AN ACT 
 
 
  1- 1  To amend Part 3 of Article 7 of Chapter 3 of Title 12 of the 
  1- 2  Official Code of Georgia Annotated, relating to the Lake 
  1- 3  Lanier Islands Development Authority, so as to expand the 
  1- 4  purposes for which the authority may expend income and 
  1- 5  revenue; to repeal conflicting laws; and for other purposes. 
 
  1- 6       BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA: 
 
  1- 7                           SECTION 1. 
 
  1- 8  Part 3 of Article 7 of Chapter 3 of Title 12 of the Official 
  1- 9  Code of Georgia Annotated, relating to the Lake Lanier 
  1-10  Islands Development Authority, is amended by striking in its 
  1-11  entirety Code Section 12-3-318, relating to the purposes for 
  1-12  which income, gifts, grants, appropriations, bonds, or loans 
  1-13  available to such authority may be spent, and inserting in 
  1-14  lieu thereof the following: 
 
  1-15    "12-3-318. 
 
  1-16    (a) All income, revenues, gifts, grants, appropriations, 
  1-17    bond or loan proceeds, and rights and privileges of value 
  1-18    of every nature accruing to the authority shall be used: 
 
  1-19      (1) Primarily for the sole purpose of beautifying, 
  1-20      improving, developing, maintaining, administering, 
  1-21      managing, and promoting the islands in Lake Lanier; and 
 
  1-22      (2) Secondarily for the purpose of beautifying, 
  1-23      improving, developing, maintaining, administering, 
  1-24      managing, and promoting any other real property which 
  1-25      is: 
 
  1-26        (A) Under the management and control of the department 
  1-27        or the North Georgia Mountains Authority whether held 
  1-28        in fee simple or under or through a contract, license, 
  1-29        lease, or other similar agreement with an agency of 
  1-30        the federal government; and 
 
 
 
 
 
                                 -1- 
 
 
 
  2- 1        (B) Adjacent to any lake or reservoir in this state 
  2- 2        that is under the management and control of the United 
  2- 3        States Army Corps of Engineers. 
 
  2- 4    (b) The authority shall accomplish the purposes provided 
  2- 5    in subsection (a) of this Code section at the lowest rates 
  2- 6    reasonable and possible for the benefit of the people of 
  2- 7    the State of Georgia for recreational purposes. 
 
  2- 8    (c) Prior to authorizing the expenditure of funds for any 
  2- 9    of the secondary purposes set forth in subsection (a) of 
  2-10    this Code section, the authority shall consult with the 
  2-11    Senate Economic Development, Tourism, and Cultural Affairs 
  2-12    Committee, the House Committee on Game, Fish, and Parks, 
  2-13    and the Governor for the purpose of assistance in 
  2-14    establishing the priority of needs among the real 
  2-15    properties eligible to receive the benefit of such 
  2-16    expenditure."  
 
  2-17                           SECTION 2. 
 
  2-18  All laws and parts of laws in conflict with this Act are 
  2-19  repealed. 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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