Contracts and Purchases by Public Schools; payment on guaranteed energy saving contracts; proceeds from local option sales taxes collected for educational purposes; provide

A BILL to be entitled an Act to amend Article 10 of Chapter 2 of Title 20 of the Official Code of Georgia Annotated, relating to contracts and purchases by public schools, so as to provide for payment on guaranteed energy saving contracts by local school systems using proceeds from local option sales taxes collected for educational purposes; to provide for phased implementation of energy or operational cost savings measures; to revise a definition; to amend Chapter 37 of Title 50 of the Official Code of Georgia Annotated, relating to guaranteed energy savings performance contracting, so as to revise definitions; to increase the value percentage threshold applicable to certain improvements; to provide for related matters; to repeal conflicting laws; and for other purposes.