HB1272Introduced in the House
Banking and finance; licensing of payment stablecoin issuers; provisions
Introduced by Todd Jones, District 25
What does this bill do?
Plain-English breakdown
Writing a plain-English summary of this bill… this can take a few seconds the first time.
Official description
A BILL to be entitled an Act to amend Title 7 of the Official Code of Georgia Annotated, relating to banking and finance, so as to provide for use of certain terms in the advertisement and place of business of licensed payment stablecoin issuers; to provide for licensing of payment stablecoin issuers; to provide for third-party examination or investigation; to provide for payment of certain fees and costs of examination and investigation; to provide for suspension or revocation of a license and procedures therefor; to provide for cease and desist orders; to provide for removal of certain officers and members; to provide for a short title; to provide for legislative purpose and intent; to provide for definitions; to provide for related matters; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.
Where it stands
Effective Date 2026-07-01
May 11, 2026
How did lawmakers vote?
House votes
1 recorded vote · each counted separately
Senate votes
2 recorded votes · each counted separately
SenateStage: Passage: Senate Vote #953 · April 2, 2026
50
Yes
1
No
3
Absent or Not Voting
54 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.
See how each senator voted
| Senator | District | Vote |
|---|---|---|
| Ben Watson | 1 | Yes |
| Derek Mallow | 2 | Yes |
| Mike Hodges | 3 | Yes |
| Billy Hickman | 4 | Yes |
| Sheikh Rahman | 5 | Yes |
| Matt Brass | 6 | Yes |
| Russ Goodman | 8 | Yes |
| Nikki Merritt | 9 | No |
| Emanuel Jones | 10 | Yes |
| Sam Watson | 11 | Yes |
Bill history
House Hopper
House First Readers
House Second Readers
House Committee Favorably Reported
House Third Readers
House Passed/Adopted
Senate Read and Referred
Senate Committee Favorably Reported
Senate Read Second Time
Senate Tabled
Senate Taken from Table
Senate Third Read
Senate Passed/Adopted
House Sent to Governor
House Date Signed by Governor
Act 452
Effective Date 2026-07-01
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