Georgia Building Authority Act

The act establishes a public building authority and defines its purposes, powers, and duties for financing and carrying out public building projects. It authorizes the authority to issue bonds, acquire property through eminent domain, and set charges, with money flowing through a dedicated public building fund, and it exempts property the authority owns from taxation. It also imposes fiscal and accountability controls, including an annual audit, limits on disbursements, a deadline for commencing authorized projects, and a means of enforcing the authority's obligations.

Editorial summary generated from the text of this act. It is not part of the statute — read the sections below for the operative language.