Weekly Update

This week, we completed days eight through 11 of the legislative session.  Things are very busy under the Gold Dome.  Committee meetings are in full swing and action is being taken on bills.  Everyone will keep pushing forward to make sure their bills make progress before crossover day.  

Other bills that CBA is tracking:    

SB 38 was introduced by Sen. William T. Ligon, Jr. (R), Brunswick.  The bill received a do pass as amended recommendation by the Senate Judiciary Committee.  

SB 52 was introduced by Sen. William T. Ligon, Jr. (R), Brunswick.  The bill revises, modernizes, corrects errors or omissions as part of the Code Revisions Commissions.  Title 7–Banking & Finance has three minor changes made.  CBA will monitor this bill.

HB 193 was introduced by Rep. Emory Dunahoo (R), Gainesville.  The bill would to allow banks and credit unions to offer savings promotion raffle accounts in which deposits to a savings account enter a depositor in a raffle; to provide for definitions; to amend Code Section 16-12-20 of the Official Code of Georgia Annotated, relating to definitions relative to gambling and related offenses, so as to provide for an exception to the definition of "lottery"; to provide for related matters; to repeal conflicting laws; and for other purposes.   This bill was introduced two years ago by Sen. David Shafer and was called the prized link savings account.  CBA supports this bill.  ​

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