Georgia House Bill 530 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on March 3 2015 - 25% progression, died in committee
Action: 2015-03-05 - House Second Readers
Pending: House Banks and Banking Committee
Text: Latest bill text (Introduced) [PDF]

A BILL to be entitled an Act to amend Chapter 1 of Title 7 of the O.C.G.A., relating to financial institutions, so as to provide for definitions; to provide for the establishment of first-time homebuyer savings accounts; to provide for restrictions of use and requirements for maintaining such accounts; to authorize the charging of service fees for such accounts; to provide for penalties for providing false information; to provide for rule-making authority; to amend Code Section 48-7-27 of the Official Code of Georgia Annotated, relating to computation of taxable net income for Georgia income tax purposes, so as to provide for income tax exemptions; to provide for penalties for unauthorized withdrawals; to provide for definitions; to provide for related matters; to repeal conflicting laws; and for other purposes.

First-time homebuyer savings accounts; provide restrictions of use and requirements for maintaining such accounts; provisions

Rep. Bruce Williamson [R]

Date	Chamber	Action
2015-03-05	House	House Second Readers
2015-03-04	House	House First Readers
2015-03-03	House	House Hopper

Type	Source
Summary	https://www.legis.ga.gov/legislation/44342
Text	https://www.legis.ga.gov/api/legislation/document/20152016/149766