State Banking Issues

Georgia General Assembly 2021 Session

The Georgia General Assembly convened Jan. 11, 2021, for the first session of a 2-year legislative cycle. Legislation not completed during the previous biennial must be reintroduced in 2021 should the sponsor choose to pursue the concept. Legislation not completed during this 40-day session may be considered in 2022.

GBA is represented throughout each session by our Senior Vice President for Government Relations Elizabeth Chandler, 404.372.7893, President and CEO Joe Brannen, 404.401.0274, and our Government Relations Consultant Steve Bridges, 404.420.2037. Contact any of them with questions about legislation, information about your legislator's stance on a particular issue or to request any other information related to the Georgia General Assembly.

GBA's Georgia General Assembly Legislation Tracker

Below are the banking and financial services bills we are tracking during the 2021 session.


GBA Priority / Supporting

Department of Banking and Finance Housekeeping Bill (Priority)
The draft legislation is pending with Legislative Counsel and is expected to be introduced soon.

Bills Opposed

We will add legislation as it is introduced that we must oppose.

Bills Monitoring

Employment
SB 14 by Sen. Tonya Anderson (D-Atlanta) will allow applicants for benefits to obtain their personnel files when their claims are contested by their former employers. The bill has been introduced but not yet assigned to a committee. 

Forestry Torts
HB 90 by Rep. Bruce Williamson (R-Monroe) provides that certain persons, firms, or corporations who are buyers of land for conversion of timber shall be exempt from certain liabilities and to limit damages for certain causes of action brought for conversion of timber. The bill has been introduced but not yet assigned to a committee.

Property Transfer
HB 74 by Rep. Dale Washburn (R-Macon) provides that it shall be unlawful for a person with intent to hinder, delay, impair, or defraud a creditor's rights to deed or otherwise transfer title to real property to another person without the knowledge or consent of such other person. The bill has been assigned to the House Judiciary Non-Civil Committee.

Tax Credits

SB 6 by Sen. John Albers (R-Albers) provides for independent economic analyses to be procured by the Office of Planning and Budget for certain tax benefits upon request by the chairpersons of the House Committee on Ways and Means and the Senate Finance Committee. Because the Bank Tax Credit is not well understood by many members, we track legislation like this should legislators choose to review that credit. Here’s a link to a White Paper published by GBA’s Tax Advisory Committee about the credit. SB 6 has been assigned to the Senate Finance Committee.

Cannabis
HR 13 by Rep. Dar’shun Kendrick (D-Lithonia) is a resolution urging the United States Congress to enact legislation removing cannabis from the federal Controlled Substances Act, exempting certain activities related to marijuana, facilitating the full spectrum of private banking services for cannabis related business and encouraging scientific research as related to cannabis products.