Georgia Investment Act; enact

A BILL to be entitled an Act to amend Chapter 34 of Title 50 of the Official Code of Georgia Annotated, relating to the OneGeorgia Authority, so as to create the Georgia Investment Act Pilot Fund and the Joint Legislative Oversight Commission on Georgia United Investment; to provide for definitions; to provide for state investment in underdeveloped communities across this state; to provide for criteria and limitations for disbursements from such fund; to provide for annual accounting; to provide for annual reporting; to provide for members and purpose of the commission; to provide for meetings and hearings; to provide for quorum; to provide for a short title; to provide for legislative findings; to provide for related matters; to repeal conflicting laws; and for other purposes.