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House approves GEFA financing for natural-gas and resiliency projects after hours of debate
Summary
Senate Bill 13 expands Georgia Environmental Finance Authority (GEFA) financing to natural gas infrastructure and certain resiliency projects; the House passed the bill 109–50 after extended debate between supporters citing rural economic needs and opponents warning of mission creep.
The Georgia House voted to expand the Georgia Environmental Finance Authority’s financing authority to include natural-gas infrastructure projects and certain resiliency measures under Senate Bill 13. The bill passed Friday on a recorded vote of 109 yeas and 50 nays.
Representative Angie Osteen, who presented the measure for the chamber, said the change responds to recommendations from the Rural Development Council and would let GEFA offer low-interest financing for natural gas lines and for conversion or undergrounding of electric lines for resilience. “Senate Bill 13 would make natural gas infrastructure projects eligible for…
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