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SB 0344 -	Development Impact Fees; education; provide for definitions; manner of calculations, imposition, and collection of such fees

Tracking Level:

Monitor

Sponsor:

Williams, Michael 27th

Last Action:

2/9/2016 - Senate Read and Referred

Senate Committee:

FIN

Assigned To:

Impact Fees

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Staff Analysis of the Legislation

SUMMARY: LC 28 7902 "Georgia Development Impact Fee Act". This bill would allow school boards to impose educational development impact fees. Counties and cities will be required to collect the educational development impact fee for the school board at the time that the building permit fee is collected. The county or city may retain up to 3% of the fee to cover administrative costs before forwarding the remainder to the school board.

EFFECTIVE DATE: Upon approval by the General Assembly and Governor.

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text