Plain English Breakdown
The bill status is marked as Enacted with an effective date of May 13, 2025.
HB159: Increase Bond Limit for Georgia Housing and Finance Authority
This law raises the maximum amount of bonds that the Georgia Housing and Finance Authority is allowed to issue.
What This Bill Does
- Increases the outstanding bond limit for the Georgia Housing and Finance Authority.
- Amends Chapter 26 of Title 50 in the Official Code of Georgia Annotated.
Who It Names or Affects
- The Georgia Housing and Finance Authority
Limits and Unknowns
- The official text provided does not state the specific dollar amount for the new bond limit.
- Details on how the funds will be used are not included in the summary or metadata.