Plain English Breakdown
The official summary confirms the bill passed both chambers but does not provide an effective date or specific details on which franchise agreements are included.
HB1384: Sharing Franchise Revenue with Counties
This bill requires municipalities in Georgia to send a portion of the money they earn from certain franchise agreements to their county.
What This Bill Does
- Amends state law regarding local government powers and finances.
- Requires municipalities to pay part of revenue from specific franchise agreements to the county where they are located.
- Repeals any existing laws that conflict with these new payment rules.
Who It Names or Affects
- Municipalities in Georgia
- Counties containing those municipalities
Limits and Unknowns
- The provided text does not specify the exact percentage of revenue to be sent.
- The specific types of franchise agreements covered are described only as 'certain' without further detail in this summary.
- No effective date is listed for when these rules begin.