Banking Committee Updates
Both the Senate Banking & Financial Institutions Committee and the House Banks & Banking Committee held meetings this week.
SB 20 was presented by Sen. Michael ‘Doc’ Rhett (D), Marietta. Numerous questions were asked of the author on the bill. The bill received a do pass motion from the Committee on Tuesday, February 12th.
HB 185 is the Department’s Housekeeping bill, which was presented by Rep. Bruce Williamson (R), Monroe. The committee held a hearing only on the bill and no action was taken. CBA will continue to monitor the progress of the bill.
HB 193 relating to the savings promotion raffles offered by state-charted banks and credit unions was presented by Rep. Emory Dunahoo (R), Gainesville. The committee held a hearing only on the bill and no action was taken. CBA will continue to monitor the progress of the bill.
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EVP, Chief of Staff, Government & Regulatory Relations