H1091: Bay County

Legislative Summary

Provides for creation of Gulf Coast Transit Authority; provides boundaries; provides for charter amendments; board of directors, membership, powers, functions, & duties of board; provides powers, functions, & duties of authority; authorizes authority to levy & enforce collection of non-ad valorem assessments; prohibits authority from having ad valorem taxing power; authorizes authority to borrow money; provides for bonds; provides for use of authority funds; provides exemptions from taxes & assessments upon certain properties & revenues; provides requirements for recordkeeping & public meetings & records; authorizes board to adopt policies & regulations.