HB244: Insurance; flood risk reduction in the enumerated list of county purposes for ad valorem taxes; include

Legislative Summary

A BILL to be entitled an Act to amend Code Section 33-8-8.3 of the Official Code of Georgia Annotated, relating to the funding of services, or reduction of ad valorem taxes, in unincorporated areas of counties and powers and duties of governing authority, so as to include flood risk reduction in the enumerated list of county purposes for which county ad valorem taxes or county corporation taxes based upon gross direct insurance premiums shall be used; to provide for a definition; to provide for an effective date; to repeal conflicting laws; and for other purposes.