reglab/housing_qa huggingface dataset:
GA Code § 36-82-188 (2021)
2021 Georgia Code|Title 36 - Local Government|Chapter 82 - Bonds|Article 8 - Georgia Allocation System|§ 36-82-188. Employment Test

  In order to qualify for a notice of allocation from the economic development share, a project must satisfy the employment tests as defined in this Code section. To satisfy the employment tests, a project must either:   Be reasonably expected to increase employment within the territorial area of operation of the issuer by not less than one job for each $125,000.00 or part thereof in bond financing. This requirement shall be known as the increased employment test; or   Be reasonably expected to retain within the territorial area of operation of the issuer not less than one job for each $125,000.00 or part thereof in bond financing. This requirement shall be known as the retained employment test.     The increased employment test shall be satisfied if a borrower reasonably expects that the required additional jobs will be available not later than two years after completion of the project and certifies to this effect in writing. The retained employment test shall be satisfied if the borrower certifies in writing, addressed to the department, that, except for the issuance of the bonds which are the subject of the application, such borrower or other entity which operates the project reasonably expects that it would, within two years after the date of the application, either cease operation at the site of the project, thereby reducing employment by not less than the required number, or reduce employment by not less than the required number without ceasing operation.   A job shall mean, for purposes of either employment test, a position held by a full-time, paid employee with no agreement or arrangement which would limit the duration of such employment. Such an employee either must spend substantially all of his time on the job performing the duties of his job at the location of the project or must be based at the project and spend substantially all of his time on the job performing the duties of his job within the territorial area of operation of the issuer.     (Code 1981, §36-82-189, enacted by Ga. L. 1987, p. 486, § 1; Code 1981, §36-82-188, as redesignated by Ga. L. 1990, p. 817, § 1; Ga. L. 1993, p. 91, § 36.)   Editor's notes.   - Ga. L. 1990, p. 817, § 1, effective April 4, 1990, redesignated former Code Section 36-82-189 as present Code Section 36-82-188; and repealed the former Code Section 36-82-188, which was based on Ga. L. 1987, p. 486, § 1, and which pertained to applications for notices of allocation from the rural area pool.
GA Code § 36-82-189 (2021)
2021 Georgia Code|Title 36 - Local Government|Chapter 82 - Bonds|Article 8 - Georgia Allocation System|§ 36-82-189. Housing Share

 Commencing on April 1, 1990, the housing share for 1990 is established in an amount equal to 40 percent of the state ceiling.The 1990 percentage shall include any allocations made from the housing share made prior to April 1, 1990.The housing share for 1991 and each year thereafter is established in an amount equal to 42 1/2 percent of the state ceiling.    (Code 1981, §36-82-190, enacted by Ga. L. 1987, p. 486, § 1; Ga. L. 1989, p. 165, § 3; Code 1981, §36-82-189, as redesignated by Ga. L. 1990, p. 817, § 1.)   Cross references.   - Elimination of housing share, § 36-82-197.   Editor's notes.   - Former Code Section 36-82-189 was redesignated by Ga. L. 1990, p. 817, § 1 as present Code Section 36-82-188.
GA Code § 36-82-190 (2021)
2021 Georgia Code|Title 36 - Local Government|Chapter 82 - Bonds|Article 8 - Georgia Allocation System|§ 36-82-190. Reservations From Housing Share

  Commencing on April 1, 1990, and extending through June 30, 1990, and for 1991 and each year thereafter commencing on January 1 and extending through September 30, reservations from the housing share shall be as follows:   Sixty-two percent shall be reserved for the Georgia Housing and Finance Authority for any qualified housing project.This shall be known as the state housing reservation;   Nineteen percent shall be reserved for urban residential finance authorities for any qualified housing project.This shall be known as the urban housing reservation; and   Nineteen percent shall be reserved for local housing authorities for any qualified housing projects.This shall be known as the local housing reservation.The local housing reservation shall be available for notices of allocation on a first-come, first-served basis. If applications exceed the amount available, the department shall apply the policy guidelines provided in Code Section 36-82-195.     Any allocations made in 1990 prior to April 1, 1990, shall be subtracted from the total sum which would be available to an issuer based upon which reservation the issuer qualified for and based upon the percentage formula provided in this Code section.   On July 1, 1990, and October 1, 1991, and October 1 in each year thereafter, the housing share shall expire and any unused amounts remaining in the housing share and any amounts for which the notice of allocation ceases to be in effect shall automatically be added to the flexible share.   If at any time amounts of the state housing reservation or the urban housing reservation remain available for allocation, the Georgia Housing and Finance Authority or the urban residential finance authorities may, upon written notification to the department, transfer any available reservation, or any part thereof, to the state housing reservation, urban housing reservation, or the local housing reservation, if the issuer making the transfer anticipates that such amounts are more likely to be used in the reservation to which the transfer is made.     (Code 1981, §36-82-190, enacted by Ga. L. 1990, p. 817, § 1; Ga. L. 1991, p. 94, § 36; Ga. L. 1991, p. 1653, § 2-3.)   Editor's notes.   - Ga. L. 1990, p. 817, § 1, effective April 4, 1990, redesignated former Code Section 36-82-190 as present Code Section 36-82-189.
GA Code § 36-82-191.1 (2021)
2021 Georgia Code|Title 36 - Local Government|Chapter 82 - Bonds|Article 8 - Georgia Allocation System|§ 36-82-191.1. Allocation of Housing Share; Expiration Date of Notice of Allocation; State and Urban Housing Share Set-Aside Exempt From Subparagraphs (B)(3)(a) Through (B)(3)(c)

 Repealed by Ga. L. 1990, p. 817, § 1, effective April 4, 1990.   Editor's notes.   - This Code section was based on Ga. L. 1989, p. 165, § 5.
GA Code § 36-82-192.1 (2021)
2021 Georgia Code|Title 36 - Local Government|Chapter 82 - Bonds|Article 8 - Georgia Allocation System|§ 36-82-192.1. Application for Single-Family Project; Notice of Allocation; Waiver of Provisions by Commissioner

 Repealed by Ga. L. 1990, p. 817, § 1, effective April 4, 1990.   Editor's notes.   - This Code section was based on Ga. L. 1989, p. 165, § 6.
GA Code § 36-82-193 (2021)
2021 Georgia Code|Title 36 - Local Government|Chapter 82 - Bonds|Article 8 - Georgia Allocation System|§ 36-82-193. Flexible Share for 1990

 Commencing on April 1, 1990, the flexible share for 1990 is established in an amount equal to 20 percent of the state ceiling. The 1990 percentage shall include any allocations made from the flexible pool prior to April 1, 1990.The flexible share for 1991 and years thereafter shall be in an amount equal to 15 percent of the state ceiling.The flexible share shall be available for notices of allocation given during period 2 through period 4 in 1990 and period 1 through period 4 in 1991 and each year thereafter.    (Code 1981, §36-82-193, enacted by Ga. L. 1990, p. 817, § 1.)   Editor's notes.   - Ga. L. 1990, p. 817, § 1, effective April 4, 1990 repealed former Code Section 36-82-193, as enacted by Ga. L. 1987, p. 486, § 1 and amended by Ga. L. 1989, p. 165, § 7, relating to applications for notices of allocation from the multifamily pool, and enacted the current Code section.
GA Code § 36-82-194 (2021)
2021 Georgia Code|Title 36 - Local Government|Chapter 82 - Bonds|Article 8 - Georgia Allocation System|§ 36-82-194. Application for Flexible Pool Allocation; Issue of Notice; Confirmation; Expiration

  Applications for notices of allocation from the flexible share shall be received and acted on by the department as set forth in this Code section.   Applications for housing bonds shall be filed on the same forms and accompanied by the same items as applications for notices of allocation with respect to such bonds from the housing share. Applications for student loan bonds shall be filed on the same forms and accompanied by the same items as required by Code Section 36-82-185 and a written opinion of legal counsel, addressed to the department, to the effect that the bonds which are covered by the application will, based upon information available at that time to such legal counsel, qualify as student loan bonds under Section 144(b) of the Federal Code when issued. Applications for all other bonds shall be filed on the same forms and accompanied by the same items as applications for notices of allocation from the economic development share. Such applications need not designate that they are filed for a notice of allocation from the flexible share but may be treated as such by the department in its discretion.   The department shall, in its discretion, decide which application or applications shall receive a notice of allocation. The decision of the department shall be final and conclusive.   The provisions of subsection (i) of Code Section 36-82-187 with respect to notices of allocation from the economic development share shall also apply to notices of allocation from the flexible share. Notwithstanding the requirements of subsection (i) of Code Section 36-82-187, however, the expiration date for a notice of allocation for the private activity portion of governmental use bonds shall be such date as the commissioner may determine, separately in the case of each notice of allocation, and may be extended for any period of time at the department's discretion.     (Code 1981, §36-82-199, enacted by Ga. L. 1987, p. 486, § 1; Code 1981, §36-82-194, as redesignated by Ga. L. 1990, p. 817, § 1.)   Editor's notes.   - Ga. L. 1990, p. 817, § 1, effective April 4, 1990, repealed the former Code Section 36-82-194, which was based on Ga. L. 1987, p. 486, § 1, and which related to applications for notices of allocation from the general pool.
GA Code § 36-82-196 (2021)
2021 Georgia Code|Title 36 - Local Government|Chapter 82 - Bonds|Article 8 - Georgia Allocation System|§ 36-82-196. Factors to Consider in Applying Policy Guidelines

 When the department is required to apply the policy guidelines it may consider such factors, known as evaluation factors, in deciding which applications should receive a notice of allocation. The evaluation factors to be considered shall include, but are not limited to, the number of permanent jobs created or retained; the commitment of the borrower to hire individuals eligible for training under the Job Training Partnership Act or its successor program; the unemployment rate of the territorial area of the issuer compared to the state as a whole; the ratio of private investment to bond financing; evidence of HoDAG or UDAG approval; the amount of benefit to low-income to moderate-income individuals; the cost per qualified residential rental unit; the housing vacancy rate of the territory of the issuer compared to the state as a whole, as determined by the department; and the degree to which the combination of income and price limits serve to target the single-family housing bonds to low-income to moderate-income households.    (Code 1981, §36-82-203, enacted by Ga. L. 1987, p. 486, § 1; Code 1981, §36-82-196, as redesignated by Ga. L. 1990, p. 817, § 1; Ga. L. 1991, p. 94, § 36.)   Editor's notes.   - Ga. L. 1990, p. 817, § 1, effective April 4, 1990 repealed the former Code Section 36-82-196, which was based on Ga. L. 1987, p. 486, § 1, and which related to applications for the limited purpose share and applications for notices of allocation from the limited purpose share.
GA Code § 36-82-197 (2021)
2021 Georgia Code|Title 36 - Local Government|Chapter 82 - Bonds|Article 8 - Georgia Allocation System|§ 36-82-197. Transfer of Fund From Economic Development Share or Applicable Reservation Component of Housing Share to the Flexible Share

 If after the first six months of the year, 75 percent or more of the economic development share or any one or more reservation components of the housing share remains unallocated, the commissioner may transfer any available state ceiling, or any part thereof, from the economic development share or the applicable reservation component of the housing share, as the case may be, to the flexible share, if the commissioner anticipates that such amounts are not likely to be used in either the economic development share or the applicable reservation component of the housing share; provided, however, that no such transfer may be made by the commissioner if an issuer submits a letter to the commissioner indicating that such issuer intends to use all or a portion exceeding 25 percent of the respective share or components thereof.    (Code 1981, §36-82-204, enacted by Ga. L. 1987, p. 486, § 1; Code 1981, §36-82-197, as redesignated by Ga. L. 1990, p. 817, § 1.)   Editor's notes.   - Ga. L. 1990, p. 817, § 1, effective April 4, 1990 repealed the former Code Section 36-82-197, which was based on Ga. L. 1987, p. 486, § 1 and which established the department share for 1988, 1989, 1990, and years thereafter.
GA Code § 36-82-198 (2021)
2021 Georgia Code|Title 36 - Local Government|Chapter 82 - Bonds|Article 8 - Georgia Allocation System|§ 36-82-198. Flexible Share Carryforward Funds

 The department may set aside and reserve from the flexible share amounts which may be treated as a carryforward for one or more carryforward purposes, within the meaning of Section 146 of the Federal Code. Section 146 of the Federal Code requires an election for the use of such carryforward to a future year or years, and regulations with respect to such carryforwards may be promulgated under the Federal Code. The department shall promulgate such rules and procedures as may be necessary in order to use the provisions of the Federal Code and any regulations promulgated pursuant to the Federal Code for such carryforward. The amount of any such carryforward which is set aside and reserved shall be subtracted from the outstanding amount of the flexible share with the same effect as if a notice of allocation were in the amount of the carryforward and confirmation of issuance were received prior to the expiration date.    (Code 1981, §36-82-205, enacted by Ga. L. 1987, p. 486, § 1; Code 1981, §36-82-198, as redesignated by Ga. L. 1990, p. 817, § 1.)   Editor's notes.   - Ga. L. 1990, p. 817, § 1, effective April 4, 1990 repealed former Code Section 36-82-198, which was based on Ga. L. 1987, p. 486, § 1, and which established the flexible pool, the farm loan pool, and the competitive pool.
GA Code § 36-82-199 (2021)
2021 Georgia Code|Title 36 - Local Government|Chapter 82 - Bonds|Article 8 - Georgia Allocation System|§ 36-82-199. Carryforward Applications

  Unless otherwise determined by the commissioner, carryforward election applications must be filed with the department no later than December 1 of each year. Carryforward election applications shall be filed, received, and acted upon by the department as set forth in this Code section.   Carryforward election applications shall be filed on a form promulgated from time to time by the commissioner. Each carryforward election application shall be accompanied by the following:   A copy of the inducement resolution or other similar official action to the effect the issuer has taken preliminary official action approving the undertaking of the carryforward project;   A written opinion of legal counsel, addressed to the department, to the effect that the issuer is authorized under the laws of the state to issue bonds for projects of the same type and nature as the project which is the subject of the carryforward election application. This opinion shall cite by constitutional or statutory reference, including a reference to the session laws of the General Assembly in the case of a constitutional reference, the provisions of the Constitution or law of the state which authorizes bonds for the project;   A written opinion of legal counsel, addressed to the department, to the effect that the bonds which are covered by the carryforward election application will, based upon the information available at the time to such legal counsel, qualify for carryforward under Section 146(f) of the Federal Code; and   Any other information as reasonably required by the department.     The department shall, in its discretion, decide which carryforward election applications shall receive a notice of allocation. The decision of the department shall be final and conclusive.     (Code 1981, §36-82-206, enacted by Ga. L. 1987, p. 486, § 1; Ga. L. 1990, p. 817, § 1.)   Editor's notes.   - Ga. L. 1990, p. 817, § 1, effective April 4, 1990, redesignated former Code Section 36-82-206 as present Code Section 36-82-199. Former Code Section 36-82-199 is present Code Section 36-82-194.
GA Code § 36-82-200 (2021)
2021 Georgia Code|Title 36 - Local Government|Chapter 82 - Bonds|Article 8 - Georgia Allocation System|§ 36-82-200. Mortgage Credit Certificate Carryforward Election

 No issuer of single-family housing bonds may elect to exchange any part of a notice of allocation for mortgage credit certificates without the written authorization of the department. Such authorization shall be in the discretion of the commissioner, and no issuer shall have any right to such authorization. Any unused amount of the state ceiling remaining on the last business day of each year and not subject to a notice of allocation shall automatically be exchanged for mortgage credit certificates carryforward elections in such amounts and to such issuers as the department may determine. Applications for mortgage credit certificates for carryforward purposes shall be on the same forms and accompanied by the same items as required by Code Section 36-82-199.    (Code 1981, §36-82-207, enacted by Ga. L. 1987, p. 486, § 1; Code 1981, §36-82-200, as redesignated by Ga. L. 1990, p. 817, § 1.)   Editor's notes.   - Ga. L. 1990, p. 817, § 1, effective April 4, 1990, repealed former Code Section 36-82-200, which was based on Ga. L. 1987, p. 486, § 1, and which related to applications for notices of allocation from the farm loan pool.
GA Code § 36-82-201 (2021)
2021 Georgia Code|Title 36 - Local Government|Chapter 82 - Bonds|Article 8 - Georgia Allocation System|§ 36-82-201. State Ceiling Deemed Allocated and Assigned

 If necessary or appropriate for complying with federal rules and regulations implementing the Federal Code, the state ceiling shall be deemed to be allocated to the state and the state's allocation shall be deemed to be or have been assigned to the issuers to which notices of allocations are or were issued.    (Code 1981, §36-82-208, enacted by Ga. L. 1987, p. 486, § 1; Code 1981, §36-82-201, as redesignated by Ga. L. 1990, p. 817, § 1.)   Editor's notes.   - Ga. L. 1990, p. 817, § 1, effective April 4, 1990, deleted former Code Section 36-82-201, which was based on Ga. L. 1987, p. 486, § 1, and which related to applications for notices of allocation from the competitive pool.
GA Code § 36-82-202 (2021)
2021 Georgia Code|Title 36 - Local Government|Chapter 82 - Bonds|Article 8 - Georgia Allocation System|§ 36-82-202. Applicability

 The provisions of this article shall apply to all bonds issued on or after April 1, 1990.    (Code 1981, §36-82-209, enacted by Ga. L. 1987, p. 486, § 1; Ga. L. 1990, p. 817, § 1.)   Editor's notes.   - The former provisions of Code Section 36-82-202 are the present provisions of Code Section 36-82-195.
GA Code § 36-82-220 (2021)
2021 Georgia Code|Title 36 - Local Government|Chapter 82 - Bonds|Article 9 - Trusts|§ 36-82-220. Definitions

 As used in this article, the term:    "Governmental unit" means any county, municipal corporation, school district, or political subdivision of the state.   "Local authority" means any public corporation or authority created by or pursuant to a local or special Act of the General Assembly or a local or special amendment to the Constitution.   "Obligations" means any bonds, notes, certificates, or obligations of any kind to evidence any repayment obligation for money borrowed or to evidence any divided or undivided interest in any lease or installment purchase contract or other obligation.   "Sponsoring governmental unit" means:   Any governmental unit the governing body of which, or any member thereof which, is authorized by law or constitutional amendment to appoint or elect any member of the governing body of a local authority;   Any governmental unit within the territorial or corporate limits of which any member of the governing body of a local authority is required by law or constitutional amendment to reside;   Any governmental unit an elected or appointed official of which is required by law or constitutional amendment to be a member of the governing body of a local authority; or   Any governmental unit any part of the territorial or corporate limits of which are located within the territorial or corporate limits of a governmental unit described in subparagraph (A), (B), or (C) of this paragraph.       (Code 1981, §36-82-220, enacted by Ga. L. 1997, p. 584, § 1.)
GA Code § 36-82-221 (2021)
2021 Georgia Code|Title 36 - Local Government|Chapter 82 - Bonds|Article 9 - Trusts|§ 36-82-221. Sponsoring Governmental Unit Requirement

 No local authority shall issue or be a grantor of a trust which issues any obligations to finance or refinance any real or personal property to be owned, leased, or operated by any governmental unit which is not a sponsoring governmental unit of such local authority.    (Code 1981, §36-82-221, enacted by Ga. L. 1997, p. 584, § 1.)
GA Code § 36-82-222 (2021)
2021 Georgia Code|Title 36 - Local Government|Chapter 82 - Bonds|Article 9 - Trusts|§ 36-82-222. Construction

 This article shall be liberally construed to effect the purposes hereof. Insofar as the provisions of this article may be inconsistent with the provisions of any local or special amendment to the Constitution, this article shall control and shall be deemed to be an exercise of the power to enlarge or restrict the provisions of such local or special constitutional amendment.    (Code 1981, §36-82-222, enacted by Ga. L. 1997, p. 584, § 1.)
GA Code § 36-82-240 (2021)
2021 Georgia Code|Title 36 - Local Government|Chapter 82 - Bonds|Article 10 - Commercial Paper Notes From Government|§ 36-82-240. Definitions

 As used in this article, the term:    "Governing body" means the board, commission, council, or other local legislative body of governmental entity.   "Governmental entity" means any school district, independent school system, county, municipal corporation, consolidated city-county government, or other political subdivision of the state, any local authority, local body corporate, or local public corporation created by or pursuant to the Constitution of Georgia or any general, local, or special Act of the General Assembly, or any special district or community improvement district of the state. The term "governmental entity" does not include "state authorities" as defined in paragraph (9) of Code Section 50-17-21.     (Code 1981, §36-82-240, enacted by Ga. L. 2004, p. 886, § 5.)   Cross references.   - Governmental commercial paper notes, § 50-17-90 et seq.