HB 66, Tax Abatement Transparency Among Local Governments

Municipal Impact
Position
Contact

Rep. Mary Oliver
District 82
Contact Info

Neutral
Tom Gehl, (678) 686-6247
Last Updated:
Subject Area:
Resources:
2/18/2021
Economic Development and Redevelopment | Finance and Money Management |
bill text

This legislation would require that a local government share a written notice on estimated of direct financial impacts from proposed tax abatements or incentives with other affected local governments at least seven days prior to granting of a tax abatement or financial incentive. The notice would also have to include details of the project subject to the tax abatement or financial incentive which include an analysis that demonstrates the project would not be feasible without the proposed incentives. 

BILL STATUS
1/14/2021 - Assigned To House Committee