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LETTER: Three Loopholes Georgia Politicians Don’t Want You to Know

Summary by The Covington News

Dear Editor, Georgia’s approach to economic development increasingly relies on legally sanctioned financial mechanisms that, while within statutory bounds, are ambiguous in nature and reduce public oversight. Three legal but questionable tools are phantom bonds, Payments in Lieu of Taxes (PILOT), and non-disclosure agreements (NDAs).

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The Covington News

LETTER: Three Loopholes Georgia Politicians Don’t Want You to Know

Dear Editor, Georgia’s approach to economic development increasingly relies on legally sanctioned financial mechanisms that, while within statutory bounds, are ambiguous in nature and reduce public oversight. Three legal but questionable tools are phantom bonds, Payments in Lieu of Taxes (PILOT), and non-disclosure agreements (NDAs).

19 hours ago

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The Covington News broke the news in 19 hours ago on Monday, June 30, 2025.

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