Ga. Comp. R. & Regs. R. 110-34-1-.07 - Annual Requirements
(1) On an annual basis on or by January
31st and in a format to be provided by the
Department of Community Affairs, the local government shall report on the Rural
Zone's activity for the most recent year:
(a)
A narrative description of steps the local government has taken to facilitate
business development within the Rural Zone within the prior year.
(b) Private activities that have spurred
revitalization efforts within the zone.
(c) Other information as required by the
Department of Community Affairs.
(2) Certified entities and certified
investors shall report to the Department of Revenue annually on forms and at
times as directed by the agency.
(3) The Commissioners for the Department of
Revenue and the Department Community Affairs shall have the authority to
require reports and promulgate regulations as needed in order to perform their
duties under O.C.G.A. §
48-7-40.32.
(4) A local government's failure to provide
annual reports to the Department of Community Affairs shall result in the local
government being ineligible for any funding administered by the Department of
Community Affairs until such time that the jurisdiction is current with the
filing of all Rural Zone's annual reports.
(5) During the period of designation, each
local government with a designated Rural Zone shall participate in annual
training by the Department of Community Affairs to assist in the revitalization
within the community. This training may be in the form of in-person meetings,
webinars, or other methods implemented by the department. Failure to
participate in annual trainings shall result in the local government being
ineligible for any funding administered by the department until such time that
the jurisdiction completes required training.
O.C.G.A. § 48-7-40.32 shall stand automatically repealed on December 31, 2027, unless reauthorized by the General Assembly prior to such date.
Notes
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