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Committee advances bill tightening enterprise‑zone incentives, setting $400 million threshold

Governmental Affairs Subcommittee · February 18, 2026

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Summary

HB 1129 would limit enterprise‑zone incentives to major redevelopment projects with at least $400 million in capital investment, prohibit revenue bonds from reimbursing private investors, cap designations within a redevelopment area, and bar casino projects. The subcommittee voted by voice to advance the bill to the full committee.

Representative Seabaugh presented House Bill 1129 on behalf of the governor, saying the bill strengthens Georgia's enterprise‑zone program (Code section 36‑86) by focusing incentives on large redevelopment projects and adding taxpayer protections.

The bill would require that a redevelopment project involve at least $400,000,000 in capital…

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