Staff Analysis of the Legislation
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SUMMARY:
LC 47 0301
"Georgia Development Impact Fee Act".
Would allow each local board of education that is in a high growth school system to propose a resolution to impose educational development impact fees. A high growth school system would be any school system that has experienced an increase in the number of students enrolled by 15% or more over the preceding five year period or experienced an increase in the number of students by 10% in the preceding four year period and is projected to have an increase of enrolled students in the following year that would increase that number to 15% by the end of that year.
This is subject to a voter approval of a state constitutional amendment. See Also SR 776
EFFECTIVE DATE: January 1, 2021, if constitutional amendment is approved. |