0

Billboards to flash Super Tuesday primary results

Don't worry about rush hour Tuesday. You can watch the Super Tuesday results from the road.

An outdoor advertising firm plans to update four metro area digital billboards with the election results as they come in Tuesday night.

The digital billboard at Lawrenceville-Suwanee Road and Interstate 85 is one that will have the real-time results as precincts begin reporting after 7 p.m.

Throughout the state, the Outdoor Advertising Association of Georgia will have the updates from 7 p.m. to 11 p.m. on 20 billboards in eight cities, including Atlanta, Lawrenceville, Rome, Augusta, Brunswick, Albany, Macon and Valdosta.

"We are very excited to provide such a valuable service during a pivotal political race to the people of Georgia," the association's executive director Conner Poe said. "This new technology lets us provide this important information as it happens to the hundreds of thousands of people who see these billboards.

"Georgia's outdoor advertisers are responding to significant statewide interest in the outcome of the presidential primaries."

Isakson proposes tax credit to stimulate housing market

Even more good news could soon come to taxpayers as U.S. Sen. Johnny Isakson has introduced legislation to provide a $15,000 tax credit spread out over three years for anyone purchasing a new home, a foreclosed home or a home on which a foreclosure is pending.

Isakson, who worked in the real estate industry for three decades, said he believes a tax credit similar to one imposed in the mid-1970s would provide an immediate boost to the housing market and to the economy.

"Our country and our economy face a serious challenge in the next 12 months. The number of unsold new homes and foreclosed resale homes will reach unprecedented numbers. Lenders will be forced to liquidate their real estate holdings, which will result in lower home values and less equity for homeowners," Isakson said. "Today, we need the same bold incentive to restore the housing market and consumer confidence. Just as it did in the mid-1970s, this proposal will reduce inventories, reduce foreclosures and stabilize market values."

Isakson's legislation would give a $5,000 credit each year for three years on homes purchased between March 1, 2008, and Feb. 28, 2009. Buyers must occupy the homes as their principle residences to be eligible, and purchases of homes from investors or by investors are ineligible.

"Owning a home is part of the American dream, and when a family or an individual owns a home, they are not only investing in their own financial security but in their community as well," said Chambliss, who is co-sponsoring the bill. "Sen. Isakson is a veteran of the real estate industry, and I'm pleased that he has come forward with this legislation that will help stimulate the housing market and give folks a chance to invest in their future."

Political Notebook appears in the Thursday and Sunday editions of the Gwinnett Daily Post.

Camie Young can be reached via e-mail at camie.young@gwinnettdailypost.com.