Georgia Legislative Watch

HB196 - Consumer reporting agencies; identical report to consumer and creditor; require
Sponsored by: Smith,Bob 113th

A BILL to be entitled an Act to amend Code Section 10-1-393 of the Official Code of Georgia Annotated, relating to unfair or deceptive practices in consumer transactions, so as to require that consumer reporting agencies automatically provide a consumer the identical report provided to a potential creditor who makes an inquiry concerning the consumer’s file with such agency; to provide for related matters; to repeal conflicting laws; and for other purposes.

SB70 - Financial Institutions; update banking laws to reflect changes in federal law
Sponsored by: Hamrick,William 30th

A BILL to be entitled an Act to amend Chapter 1 of Title 7 of the O.C.G.A., relating to financial institutions generally, so as to update the banking laws in order to reflect changes in federal law and for other purposes; to exclude the value of good will in certain transactions; to regulate real estate loans; to allow for the electronic transmission of proxy; to allow for share exchange in mergers or consolidations; to define share exchange; to change the qualifications for check sellers; to require background checks on employees and agents of check sellers; to provide for registration and testing of check sellers who are not licensed; to provide for a bond to be posted by check sellers; to provide for a cease and desist order to be issued against noncompliant licensees; to provide for related matters; to provide an effective date; to repeal conflicting laws; and for other purposes.

HB163 - Deferred Presentment Services Act; enact; repeal “payday lending” prohibition
Sponsored by: Tumlin,Steve 38th

A BILL to be entitled an Act to amend Title 7 of the O.C.G.A., relating to banking and finance, so as to provide for licensing of persons who provide deferred presentment services; to provide for a short title; to define certain terms; to provide for licenses, qualifications, and application therefor; to provide for fees; to provide for limitations; to provide for consumer notices; to provide for rules and regulations; to provide for penalties and hearings; to provide for complaint investigation; to provide for annual reports; to amend Title 16 of the O.C.G.A., relating to crimes and offenses, so as to repeal Chapter 17, “Payday Lending”; to provide for related matters; to provide for severability; to provide for preemption; to provide an effective date; to repeal conflicting laws; and for other purposes.

HB130 - Identity theft; security freezes; definitions; provisions
Sponsored by: Hill,Calvin 21st

A BILL to be entitled an Act to amend Article 34 of Chapter 1 of Title 10 of the Official Code of Georgia Annotated, relative to protection from identity theft, so as to provide for security freezes; to provide for definitions; to provide for procedures for placing, removing, and temporarily lifting a security freeze; to provide for related matters; to provide for an effective date; to repeal conflicting laws; and for other purposes.

HB96 - Federal Home Loan Bank; letters of credit; secure state funds; provide
Sponsored by: Mills,James 25th

A BILL to be entitled an Act to amend Article 3 of Chapter 17 of Title 50 of the Official Code of Georgia Annotated, relating to state depositories, so as to provide for letters of credit issued by a Federal Home Loan Bank to be accepted to secure state funds on deposit in state depositories; to provide for related matters; to repeal conflicting laws; and for other purposes.