Georgia Senate Bill 54 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 4-0)
Status: Introduced on January 27 2009 - 25% progression, died in committee
Action: 2009-01-27 - Senate Read and Referred
Pending: Senate Banking and Financial Institutions Committee
Text: Latest bill text (Introduced) [HTML]

A BILL to be entitled an Act to amend Title 7 of the Official Code of Georgia Annotated, relating to banking and finance, so as to repeal and reenact the "Georgia Fair Lending Act"; to prohibit abusive home loan practices; to provide for definitions; to provide for prohibited practices and limitations relating to covered home loans and high-cost home loans; to create specific and numerous consumer protections for covered home loans and high-cost home loans; to provide for penalties and enforcement; to provide for exceptions for unintentional violations; to provide for related matters; to provide for severability; to provide for legislative intent; to provide for applicability and an effective date; to repeal conflicting laws; and for other purposes.

Georgia Fair Lending Act; prohibit abusive home loan practices; provide definitions

Sen. Vincent Fort [D]

Sen. Kasim Reed [D]

Rep. Doug Stoner [D]

Sen. Stephen Thompson [D]

Date	Chamber	Action
2009-01-27		Senate Read and Referred

Type	Source
Summary	https://www.legis.ga.gov/legislation/26283
Text	http://www1.legis.ga.gov/legis/2009_10/versions/sb54_As_introduced_LC_34_2025_2.htm