GA HB876 | 2023-2024 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 7-0)
Status: Passed on April 23 2024 - 100% progression
Action: 2024-04-23 - Effective Date 2024-07-01
Text: Latest bill text (Enrolled) [PDF]

Summary

A BILL to be entitled an Act to amend Titles 7, 10, and 53 of the O.C.G.A., relating to banking and finance, commerce and trade, and wills, trusts, and administration of estates, respectively, so as to update terminology; to revise procedures concerning incorporators of banks and trust companies; to revise requirements of articles of incorporation of banks and trust companies; to revise procedures concerning approval of banks and trust companies; to revise provisions concerning certain loans made by credit unions; to remove a requirement that certain mortgage brokers register with the Department of Banking and Finance; to provide for certain requirements of foreign banks; to provide for refund of installment loan closing fees; to revise requirements of merchant acquirer limited purpose banks; to provide for exceptions; to revise the definition of bona fide discount points; to conform cross-references; to provide for effective dates; to provide for related matters; to repeal conflicting laws; and for other purposes.

Tracking Information

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Title

Banking and finance; update terminology; revise procedures; provisions

Sponsors


Roll Calls

2024-03-08 - Senate - Passage: Senate Vote #635 (Y: 48 N: 0 NV: 2 Abs: 6) [PASS]
2024-02-06 - House - Passage: House Vote #430 (Y: 164 N: 0 NV: 4 Abs: 10) [PASS]

History

DateChamberAction
2024-04-23 Effective Date 2024-07-01
2024-04-23 Act 474
2024-04-23HouseHouse Date Signed by Governor
2024-04-01HouseHouse Sent to Governor
2024-03-08SenateSenate Passed/Adopted
2024-03-08SenateSenate Third Read
2024-02-22SenateSenate Read Second Time
2024-02-21SenateSenate Committee Favorably Reported
2024-02-07SenateSenate Read and Referred
2024-02-06HouseHouse Passed/Adopted
2024-02-06HouseHouse Third Readers
2024-01-25HouseHouse Committee Favorably Reported
2024-01-10HouseHouse Second Readers
2024-01-09HouseHouse First Readers
2024-01-08HouseHouse Hopper

Georgia State Sources


Bill Comments

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