Georgia Statutes

§ 50-37-5 — Funding for contracts

Georgia·Title 50
(a)A governmental unit may use funds designated for operating, utilities, or capital expenditures for any guaranteed energy savings performance contract, including, without limitation, for purchases on an installment payment or lease purchase basis.
(b)During the life of the contract, grants, subsidies, or other payments from the state to a governmental unit shall not be reduced as a result of energy savings obtained as a result of a guaranteed energy savings performance contract.

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Legislative History

Added by 2010 Ga. Laws 669,§ 2, eff. 7/1/2011.

Nearby Sections

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