Committees Considered Other Bills of Interest to Bankers
The early weeks of each session are when most of the work on legislation takes place at the subcommittee or full committee levels. Legislators work hard to perfect their bills to avoid having to amend them on the floor. The House and Senate take the necessary time to consider bills originated by the other body and bills are often amended throughout the process. Here at GBA, we stay on top of legislation of interest to bankers, and our advocacy team serves as a resource to legislators who sponsor bills and to those who have questions about them. Following are examples of bills we’re following that saw committee action this week.
A House Judiciary Subcommittee held a hearing but took no further action on HB 974
by Rep. Joseph Gullett
(R-Acworth). The bill requires the electronic filing of deeds, states that the inclusion of an incorrect tax parcel I.D. number or the absence of such number does not invalidate a deed if otherwise properly filed, and requires certain information to be included on the first page of security deed. GBA is monitoring.
The Senate Agriculture and Consumer Affairs Committee held hearings and reported two bills sponsored by Sen. Blake Tillery
(R-Vidalia). SB 363
relates to written solicitations for corporate filings to add employment or labor posters or notices to the items that must be identified as solicitations and specifically allows class action lawsuits for a violation of these provisions. SB 364
allows class action lawsuits for damages against certain persons violating provisions relating to telephone solicitations. GBA is monitoring.
The House Insurance Committee held a hearing but took no further action on HB 733
by Rep. Tyler Smith
(R-Bremen). The bill revises the definition of a guaranteed asset protection waiver to allow a waiver contract to be issued with or without a fee. The waiver may also provide, with or without a separate charge, a benefit that waives an amount, or provides a borrower with a credit, toward the purchase of a replacement vehicle. GBA is monitoring.
The Senate Agriculture and Consumer Affairs Committee held a hearing but took no further action on SB 371
by Sen. Larry Walker
(R-Perry). The bill authorizes for-profit credit repair organizations to operate in Georgia. GBA is monitoring.
Joint Development Authorities.
The House Economic Development Committee held a hearing, amended, and reported HB 1044
by Rep. Clay Pirkle
(R-Ashburn). The bill creates joint development authorities and allows for job tax credits within certain parameters. GBA is monitoring.
A House Judiciary Subcommittee held a hearing but took no further action on HB 1088
by Rep. Stan Gunter
(R-Blairsville). The bill provides for a nonjudicial foreclosure process of time-share estates. GBA is monitoring.
Criminal History Records.
The Senate Judiciary Committee held a hearing, amended, and reported SB 257
by Sen. Tonya Anderson
(D-Lithonia). The bill relates to the Georgia Crime Information Center and expands the criminal history records restrictions for certain persons cited with or convicted of certain criminal offenses. GBA is monitoring.