§ 2-2-121. Promotional and entertainment expenses.

(a)

As used in this section, the term "promotional and entertainment expenses" shall mean expenses incurred to solicit, attract, obtain, and complete projects, including expenses incurred for entertainment of industrial and commercial representatives.

(b)

The authority may expend such funds as it deems necessary for the payment of promotional and entertainment expenses, provided that the funds are derived from sources other than revenues received from Henry County, the State of Georgia, or the federal government.

(c)

Office expenses, employee salaries, and food, lodging and transportation expenses, and the cost of attending seminars, conferences, and meetings incurred by authority members or employees traveling in furtherance of the purposes of the authority shall not be considered promotional or entertainment expenses but shall be considered expenditures in the normal course of business, and such expenditures shall be considered as authorized by paragraphs (4) and (10) of section 6 [2-2-117] of this act.

(d)

The authority shall keep records of all promotional and entertainment expenses incurred and shall account for all such expenses in the annual audit.

(e)

The powers granted by this section shall not be deemed to restrict other powers of the authority, but shall be considered cumulative in their effect.

(Ga. Laws 1967, P. 2291, Act No. 108, § 10; Ga. Laws 1980, P. 3087, Act No. 728, §§ 5, 6; Ga. Laws 1985, P. 3549, Act No. 22, § 3)

Editor's note

The above section originally was section 11 of the 1967 act; section 6 of the amendatory act redesignated it section 10.