In order to afford property tax savings (“abatement”) as a site location incentive to an economic development prospect, Georgia is not alone in using a structure called “bonds for title.” Georgia and these other states have created a mechanism that has evolved over the years in different ways in different states but for the same reason- a state’s Constitution. In Georgia, these structures can have different terms and conditions, different durations, and different rationales, even within the same community. There are also differences among communities in Georgia in who participates in the process, although a development authority is always a requirement, with minor exceptions for enterprise zones and the like. All of this can affect local governments and school boards in many different ways. In this Session, all of these issues and more will be explained, so that attendees will better understand the principal features of these structures and their implications.