Plain English Breakdown
The specific details regarding which retailers are now included or excluded from fees are not available in the summary text.
HB416: Changes to Enterprise Zone Fees and Time Limits
This law changes which types of retailers must pay fees for enterprise zones in Georgia and updates how long these special economic areas can exist.
What This Bill Does
- Revises the class of retailer from which local governments may collect fees related to enterprise zones.
- Changes the period of time that an enterprise zone is allowed to exist under state law.
Who It Names or Affects
- Local governments managing enterprise zones
- Retailers subject to fee collection under the revised class definition
Limits and Unknowns
- The provided text does not specify exactly which new class of retailers must pay fees.
- The source material does not list the specific number of years for the revised period of existence for enterprise zones.