SB 240

Abstract

A BILL to be entitled an Act to amend Article 4 of Chapter 7 of Title 50 of the O.C.G.A., relating to the Georgia International and Maritime Trade Center, so as to reconstitute the Georgia International and Maritime Trade Center Authority; to provide for legislative findings; to provide for definitions; to provide for its membership, manner of appointment, terms of office, and powers and duties; to provide for exemption from taxation; to provide for venue; to provide for disposition of property; to exempt its property from levy and sale; to transfer certain assets and liabilities; to authorize the Department of Economic Development to contract with the authority for certain projects; to repeal certain laws; to provide for related matters; to provide for effective dates; to repeal conflicting laws; and for other purposes.