Georgia Senate Bill 398 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 18 2016 - 25% progression, died in committee
Action: 2016-02-19 - Senate Read and Referred
Pending: Senate Banking and Financial Institutions Committee
Text: Latest bill text (Introduced) [PDF]

A BILL to be entitled an Act to amend Chapter 60 of Title 36 and Code Section 45-8-14 of the Official Code of Georgia Annotated, relating to general provisions relative to provisions applicable to counties and municipal corporations and relating to depositories for county and school district moneys, respectively, so as to provide for the establishment of banking improvement zones to encourage opening of financial institutions in areas underserved by financial institutions; to provide for definitions; to provide for application and standards of approval for a banking improvement zone; to provide for the establishment of an agreement for the deposit of public funds in financial institutions within a banking improvement zone; to provide for related matters; to repeal conflicting laws; and for other purposes.

Counties, Municipalities; establishment of banking improvement zones; encourage opening of financial institutions; areas underserved by financial institutions

Sen. Joshua McKoon [R]

Date	Chamber	Action
2016-02-19	Senate	Senate Read and Referred
2016-02-18	Senate	Senate Hopper

Type	Source
Summary	https://www.legis.ga.gov/legislation/48550
Text	https://www.legis.ga.gov/api/legislation/document/20152016/157902